Seeing the important role of the private sector to local development, Ho Chi Minh City will work to attract more private investment to carry out smart urban area projects and branch out Industry 4.0 services, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
The Thai Chamber of Commerce (TCC) forecast Thailand’s gross domestic product (GDP) growth at 3.5 percent in 2019 if the new government takes office by September.
The General Statistics Office (GSO) and the International Monetary Fund (IMF) are working together toreview the methods to evaluate the Gross Domestic Product (GDP) scale of Vietnam.
Economic growth in Laos is expected to remain stable in 2019 and 2020 – backed by the expansion of the agriculture, energy, industry, and service sectors – according to the Vientiane Times’ quoting of the latest report of the Asian Development Bank (ADB) on April 4.
The Singaporean Ministry of Trade and Industry reported on February 14 that the country’s fourth-quarter economic growth was at the slowest pace in the past more than two years, warning that manufacturing is likely to see a significant moderation this year.
The agricultural sector targets 3 percent in gross domestic product (GDP) growth in 2019, according to the Ministry of Agriculture and Rural Development.
Vietnam is witnessing natural disasters hitting all of its regions throughout the year, with strong intensity, wide coverage and increasing extremity and abnormality.
Deputy Prime Minister Vuong Dinh Hue, Chairman of the National Financial and Monetary Policy Advisory Council, chaired a meeting in Hanoi on September 28 to review monetary policy for the third quarter of 2018 and outline tasks for the coming time.
Vietnam needs to optimise the opportunities and achievements from the Fourth Industrial Revolution (Industry 4.0) to develop smart agriculture, heard a workshop in Hanoi on August 21.
Thailand’s central bank plans to keep its interest rate unchanged again on August 8 to aid economic growth as inflation remains benign and policymakers say capital outflows are not currently a concern, according to Reuters.
Financial institutions and research organisations at home and abroad have shown their optimism about Vietnam’s economic growth in the second half of 2018 and the whole year.
Vietnam’s economy is not likely to experience an economic crisis next year, according to Minister of Planning and Investment Nguyen Chi Dung, though it has suffered such crises in 1979, 1989, 1999 and 2009, following consistent 10-year cycles.
Manufacturing and processing sector grew by 13.02 percent in the first half of 2018, the highest in seven years, contributing 2.63 percentage points to the country’s economic growth, said Director General of the General Statistics Office (GSO) Nguyen Bich Lam.
Vietnam’s gross domestic product (GDP) expanded 7.08 percent in the first half of the year, marking the highest rate since 2010, fueled by robust expansion of the industrial and construction sector and service sector, according to the General Statistics Office (GSO).
The gross domestic product (GDP) of agriculture, forestry and fishery is estimated to expand from 3.95 percent to 4.05 percent in the first six months of 2018, the highest level in 10 recent years.
Prime Minister Nguyen Xuan Phuc has urged the Mekong Delta province of Soc Trang to work out proper measures to fulfill its set growth targets, especially gross domestic product (GDP) and provincial competitiveness index (PCI).
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