2020 is a tough year for Vietnam, yet the economy has reaped remarkable achievements. Experts have been optimistic about Vietnam’s economic growth in 2021.
Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18.
Southeast Asia’s economic growth will rebound to 6.2 percent in 2021 with Vietnam achieving 8 percent growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW.
The Thai cabinet on January 12 approved a number of measures to reduce the cost of living and increase liquidity, and ease the impact of the new wave of COVID-19 infections.
The Thai Government has sufficient budget to tackle the economic effects of the second wave of COVID-19, Director of the country’s Budget Bureau (BB) Dechapiwat Na Songkhla said on January 5.
More than 100,000 employees in Thailand have lost their jobs or been suspended from work as over 6,000 businesses in 28 red-zone provinces closed in the wake of the new COVID-19 outbreak.
The airport system, including Long Thanh International Airport, will play a significant part in making Vietnam stronger in the coming time, Prime Minister Nguyen Xuan Phuc said on January 5.
Indonesia's inflation rate in December 2020 was clocked at 0.45 percent and 1.68 percent all through 2020, according to the Central Statistics Agency (BPS).
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
Leaders of European businesses in Vietnam were more positive about their firms’ performance in the third quarter of 2020, according to the Q3 Business Climate Index (BCI) released by the European Chamber of Commerce (EuroCham).
A number of regional and global news agencies have quoted data from international research institutes and organisations as saying that Vietnam’s economy is on track to grow despite the impact of COVID-19.
Vietnam is projected to be one of the economies posting big gains in the world’s per-capita income rankings during the quarter-century through 2025, according to data analysed by Bloomberg.
The ASEAN Business and Investment Summit 2020, with the theme “Digital ASEAN: Sustainable and Inclusive”, was held in Hanoi on November 13 as part of the 37th ASEAN Summit and related meetings.
Vietnam’s 2021 economic outlook depends on the domestic and global COVID-19 situation, but growth of 6 percent is an achievable target for next year, a lawmaker has said.
Standard Chartered expects Vietnam’s economy to grow by 3 percent in 2020 and surge to 7.8 percent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year.
The International Monetary Fund (IMF) has projected that Cambodia will be the third-fastest growing economy in ASEAN next year and fastest growing economy in the region by 2025.
The International Monetary Fund (IMF) has predicted that Indonesia’s GDP growth may contract by 1.5 percent in 2020 rather than 0.3 percent as it initially forecasted in June this year due to impacts of COVID-19 pandemic.
China and Cambodia signed a free trade agreement (FTA) in Phnom Penh on October 12, with Cambodian Prime Minister Hun Sen and visiting Chinese State Councilor and Foreign Minister Wang Yi attending the signing ceremony.
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XIII National Congress of Communist Party of Vietnam
