Gov’t urged to be given more power to draw investments Business

Gov’t urged to be given more power to draw investments

National Assembly deputies continued discussing a report on supplementary assessment of the implementation of the legislature’s resolution on socio-economic development and State budget plans for 2019, as well as socio-economic performance in early 2020, during a plenary session on June 15.
Vietnam to keep outperforming region: Fitch Solutions Business

Vietnam to keep outperforming region: Fitch Solutions

Vietnam’s economy expanded by 7.1 percent in 2018, but its increasing openness and reliance on foreign investment suggest it is unlikely to be spared from the global growth slowdown arising from rising trade protectionism and tighter financial conditions.
Indonesia forecasts 2019 growth of 5.1-5.5 percent World

Indonesia forecasts 2019 growth of 5.1-5.5 percent

Bank Indonesia (BI) has forecast that next year its national economy will grow at almost the same rate as this year’s estimation of 5.1 percent, and domestic consumption will continue to serve as the main engine of growth.