Experts from the Vietnam Institute for Economic and Policy Research (VEPR) have forecast that economic growth will reach 7.26 percent for the fourth quarter and 7.05 percent for 2019, compared to 6.6 – 6.8 percent as assigned by the National Assembly.
The Party Central Committee’s Economic Commission and relevant agencies co-organised a high-level discussion within the framework of the Industry 4.0 Summit 2019 in Hanoi on October 3.
The Vietnam Institute for Economic and Policy Research (VEPR) has predicted Vietnam’s economic growth would accelerate in the third quarter and then reach 7.17 percent the last quarter to hit the Government’s target of 6.6 to 6.8 percent for the full year.
As many as 85 percent of industrial enterprises in Vietnam still lag behind the fourth Industrial Revolution (Industry 4.0), and only 13 percent are at the beginner level.
The future of the Vietnamese economy in 2019may become more unstable due to impacts from shocks in the international market, according to the Vietnam Institute for Economic and Policy Research (VEPR).
There would be no big fluctuations in the foreign exchange rate and interest rate in 2019 as pressure caused by the normalization of monetary policy in major economies in the world has eased, according to the Vietnam Institute for Economic and Policy Research (VEPR).
Vietnam’s economic growth could reach 6.9 percent in 2019, an increase of 0.1 percent compared to the 2019 socio-economic development plan adopted by the National Assembly, in the context that Vietnam is benefiting from the US-China trade tension
Vietnam can escape the middle income trap to achieve rapid and sustainable growth only by improving its labour productivity, heard a policy dialogue on September 26 in Hanoi.
The US-China trade war and the fall in the Chinese Yuan post big impacts for the world economy, including Vietnam. Some experts have said Vietnam should employ flexible exchange rate policies in response.
Vietnam’s economy maintained impressive growth in the second quarter this year, according to a macroeconomic report released by the Vietnam Institute for Economic and Policy Research (VEPR) in Hanoi on July 11.
Foreign exchange rates are likely to rise strongly due to concerns that the US-China trade war may be escalating, said Director of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Duc Thanh.
Economies in the ASEAN+3 region should enhance their connectivity, boost the service sector and develop skilled human resources in order to meet the world’s demands, heard a seminar in Hanoi on May 25.
The Vietnam Institute for Economic and Policy Research (VEPR) under the University of Economics and Business - Vietnam National University, Hanoi, on May 25 announced Vietnam’s tax equity report 2017.
Vietnam posted an impressive growth rate of 7.38 percent in the first quarter of 2018, but there remain many problems behind this 10-year high expansion, many experts said at the April 10 launch of a report on the country’s macro-economy in Q1.
As the world faces a crisis in wealth distribution, some experts doubt if the accumulation of capital will encourage innovation and investment, but instead, lead to multiple tax burdens and increase the gap between rich and poor.
Vietnam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).
While labour productivity in Vietnam remains low, the drastically disproportionate increase of minimum wage and wages might harm business competitiveness and the development of the country.
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