Indonesia’s budget deficit rises to 20.1 billion USD World

Indonesia’s budget deficit rises to 20.1 billion USD

Indonesia’s Finance Ministry has announced that the country’s state budget deficit increased to 281.9 trillion Rp (20.1 billion USD) or 1.8 percent of the gross domestic product (GDP) in October 2019, higher than the same period year earlier of 229.7 trillion Rp or 1.56 percent of GDP.
EVFTA - a lever for Vietnam’s economic growth Business

EVFTA - a lever for Vietnam’s economic growth

The signing of the EU-Vietnam Free Trade Agreement (EVFTA) in Hanoi on June 30 after six years of negotiation is expected to serve as a lever for the growth of Vietnam’s economy and business community.
January-June GDP picks up 6.76 percent Business

January-June GDP picks up 6.76 percent

Vietnam’s gross domestic product (GDP) expanded 6.76 percent, fueled by stable macro-economy, impressive rice exports, declining unemployment rate, and robust economic production, Director General of the General Statistics Office (GSO) Nguyen Bich Lam said at a press conference on June 28.