Flexible policies needed to cope with economic turbulences Business

Flexible policies needed to cope with economic turbulences

Competent authorities should give top priority to stabilising the macro-economy and applying flexible macro-economic policies to cope with disadvantageous developments of the regional and world economies, heard a seminar held by the Central Institute for Economic Management (CIEM) in Hanoi on July 12.
Prospects look good for Vietnam’s economy in 2019 Business

Prospects look good for Vietnam’s economy in 2019

Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable.
Tourism makes up low proportion of GDP Business

Tourism makes up low proportion of GDP

While in many countries tourism contributes remarkably to the economy, it makes up less than seven percent of Vietnam’s GDP. The figure is modest compared to the country’s potential.
Firms hopeful of strong 2017 Business

Firms hopeful of strong 2017

Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles.