Optimistic outlook for economic growth of ASEAN+3 World

Optimistic outlook for economic growth of ASEAN+3

The ASEAN+3 Macroeconomic Research Office (AMRO) on April 12 published its annual ASEAN+3 Regional Economic Outlook (AREO) 2022 which forecasts the region’s growth at 4.7 percent this year and 4.6 percent in 2023, with growth for ASEAN at 5.1 and 5.2 percent, respectively.
Experts highlight Vietnam’s positive economic outlook Business

Experts highlight Vietnam’s positive economic outlook

Vietnam is poised to emerge strongly from the COVID-19 pandemic and place itself firmly on the radar of foreign investors, buoyed by rapid industrialisation and a fast-growing middle-class, experts told AsianInvestor which focuses on the region’s investment industry.
AMRO revises down ASEAN+3’s growth to 6.1 percent ASEAN

AMRO revises down ASEAN+3’s growth to 6.1 percent

The ASEAN+3 Macroeconomic Research Office (AMRO) has estimated that the ASEAN+3 region will grow by 6.1 percent this year and 5 percent in 2022 after posting flat growth in 2020, due to the third wave of COVID-19 infections triggered by Delta variant.
Vietnam still sees optimistic economic outlook in 2022: scholar Business

Vietnam still sees optimistic economic outlook in 2022: scholar

Vietnam's economy has slowed down due to the prolonged impacts of the COVID-19 pandemic, but there are still many optimistic forecasts about the country’s economic outlook in 2022, Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management (CIEM), told the Vietnam News Agency (VNA).
Hiring intentions stay positive in Vietnam in H2 Business

Hiring intentions stay positive in Vietnam in H2

Employers in various sectors expect their hiring intentions will recover in the second half of 2021, despite the ongoing impact of the pandemic, according to the latest Vietnam Employment Outlook survey by ManpowerGroup announced on August 20.
COVID-19 darkens Malaysia’s 2021 economic outlook World

COVID-19 darkens Malaysia’s 2021 economic outlook

Malaysia’s central bank (BNM) has revised down the country’s 2021 GDP growth forecast to between 3 – 4 percent from the previous 6 – 7.5 percent as the prolonged COVID-19 nationwide lockdown continues to weigh heavily on the economy.
Indonesia lowers economic growth forecast for 2021 World

Indonesia lowers economic growth forecast for 2021

The Indonesian government has slashed the country’s growth projection in 2021 to 3.7 - 4.5 percent from the earlier prediction of 4.5-5.3 percent, given the serious impact of the latest wave of COVID-19 caused by the Delta variant and recent restrictions imposed in the two islands of Java and Bali.
2021 economic outlook remains positive despite COVID-19 resurgence Business

2021 economic outlook remains positive despite COVID-19 resurgence

Despite the complexity of the fourth COVID-19 wave, Vietnam’s GDP growth is forecast to exceed 6.5 percent this year on the back of surging industrial production and global economic recovery, according to Assoc. Prof. and PhD Dinh Trong Thinh, a senior economist from the Academy of Finance.
ADB: Cambodian economy to grow 4 pct this year World

ADB: Cambodian economy to grow 4 pct this year

The Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners.
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.