Vietnamese economy stays resilient to external shocks: WB Business

Vietnamese economy stays resilient to external shocks: WB

While Vietnam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020, according to the World Bank (WB).
Malaysia may cut key interest rate again World

Malaysia may cut key interest rate again

After the Malaysian central bank (BNM)’s second overnight policy rate (OPR) cut on March 3, economists said that it will decide to shave off the key rate again and the cut will happen as early as May.
Thailand’s exports continue facing hurdles World

Thailand’s exports continue facing hurdles

Thailand’s exports fell for the fourth consecutive month in November, mainly due to lower prices of oil and agricultural products, a slowdown in the world economy, the US-China trade tensions, and rising baht.
Vietnam achieves impressive economic growth: WB Business

Vietnam achieves impressive economic growth: WB

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by nearly 8 percentage point of GDP since 2016, and a trade balance surplus for fourth year in a row, according to the World Bank (WB)’s report released on December 17.
Indonesia hosts workshop on Asia’s economic-trade policies World

Indonesia hosts workshop on Asia’s economic-trade policies

Priorities in Asia’s trade and economic policies in 2020 were the focus of a workshop which was held late October in Jakarta, Indonesia, attracting the participation of Indonesian and foreign economists and scholars, besides Indonesian policy makers and foreign diplomats.
Thailand needs to restructure to promote trade, investment: official World

Thailand needs to restructure to promote trade, investment: official

Thailand needs to restructure the export, import and investment sectors to cope with mounting external risks, particularly from the ongoing trade war, the Brexit impasse and the international geopolitical situation, said Boonyarit Kalayanamit, permanent commerce secretary.
Vietnam’s outlook remains positive: WB Business

Vietnam’s outlook remains positive: WB

Vietnam’s growth momentum moderated since the beginning of the year, but outlook remains positive, according to Taking Stock, the World Bank (WB)’s bi-annual economic report on Vietnam released on July 1.
Government determined to fulfil set goals: PM Politics

Government determined to fulfil set goals: PM

Prime Minister Nguyen Xuan Phuc underscored the determination to accomplish all goals set for 2019, striving for a GDP growth of 6.8 percent and reining in inflation under 4 percent at the Government’s monthly meeting held in Hanoi on May 31.
S&P raises Vietnam’s credit rating with stable outlook Business

S&P raises Vietnam’s credit rating with stable outlook

Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.
ASEAN finance ministers, central bank governors meet in Thailand World

ASEAN finance ministers, central bank governors meet in Thailand

The 23rd ASEAN Finance Ministers’ Meeting (AFMM) and the fifth ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) took place in Chiang Rai, Thailand, on April 5 under the chair of Thai Finance Minister Apisak Tantivorawong and Governor of Thai Central Bank Veerathai Santiprabhob.
Vietnam faces volatile foreign capital inflow Business

Vietnam faces volatile foreign capital inflow

Although the direction of foreign capital inflow is becoming increasingly unpredictable due to many external factors, experts said that Vietnam is still an attractive destination for foreign investors.
WB: Vietnam’s economy improves further Business

WB: Vietnam’s economy improves further

Vietnam’s economy is forecast to continue improving, with gross domestic product (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.
ASEAN+3 region economy to grow 5.4 percent  in 2018 ASEAN

ASEAN+3 region economy to grow 5.4 percent in 2018

The economy of the ASEAN+3 region is projected to grow 5.4 percent in 2018, underpinned by resilient domestic demand and export growth with stable inflation, said a new report released on May 3 by the ASEAN+3 Macroeconomic Research Office (AMRO).