WB lowers Vietnam’s growth forecast to 4.8 percent in 2021 Business

WB lowers Vietnam’s growth forecast to 4.8 percent in 2021

While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.
Business community plays important role in Vietnam-US ties: Deputy PM Business

Business community plays important role in Vietnam-US ties: Deputy PM

The US business community plays an important role in promoting economic partnership between Vietnam and the US, stated Deputy Prime Minister Pham Binh Minh at an online talks with US firms on June 30 to exchange visions, initiatives and solutions in promoting bilateral ties and supporting Vietnam in post-pandemic recovery and development.
Canadian firms seek trade, investment opportunities in Vietnam Business

Canadian firms seek trade, investment opportunities in Vietnam

Canada’s westernmost province of British Columbia and the Asia-Pacific Foundation of Canada (APFC) held a webinar on May 27 to discuss opportunities for local firms in investing in Vietnam under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Russian experts optimistic about Vietnamese economic outlook World

Russian experts optimistic about Vietnamese economic outlook

Vietnam’s capacity to build long-term strategies is key for the country’s economic growth despite unprecedented difficulties brought by COVID-19 pandemic, according to Acting Director of the Far East Institute at the Russian Academy of Sciences Prof. Dr. Aleksey Maslov.
VEPR: Vietnamese economy could grow by 6.3 pct in 2021 Business

VEPR: Vietnamese economy could grow by 6.3 pct in 2021

The Vietnamese economy could grow by about 6-6.3 percent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly Macro-Economic Report.
Goal of 6.5 percent growth rate – big challenge: GSO head Business

Goal of 6.5 percent growth rate – big challenge: GSO head

The Vietnamese economy continues to face many difficulties in the following quarters and the target of a 6.5 percent growth rate this year will be a great challenge as the global economy is still affected by the COVID-19 pandemic, head of the General Statistics Office (GSO) Nguyen Thi Huong has stated.