Vietnamplus

The Indonesian government plans to release dual-currency bonds with a total amount of 3.1 billion USD for deficit financing this year, said the Ministry of Finance.

The insurance industry aims to maintain a high growth rate of 18.42 percent this year, gaining revenue of 188.73 trillion VND (8.1 billion USD), according to the Ministry of Finance’s Insurance Supervisory Authority (ISA).

Foreign investors have poured around 36.4 billion USD into the Vietnamese stock market by the end of 2019, a rise of 11.6 percent from a year earlier, according to the State Securities Commission (SSC).

The Eastern Economic Corridor (EEC) continues to attract more investors. Last year, the EEC generated over 100 billion baht from outside investment.

Prime Minister Nguyen Xuan Phuc chaired a ceremony in Hanoi on January 6 to launch Vietnam’s 2020 ASEAN Chairmanship, with about 300 distinguished guests taking part.

Indonesia’s decade-low inflation rate has sparked concern among several economists that it foreshadows a further weakening of the largest economy in Southeast Asia.

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 percent over the previous year, according to the General Statistics Office (GSO).

The Malaysian government will ensure the digitalisation of the economy will not leave anyone out of the mainstream of development, Minister of Finance Lim Guan Eng said at a tech conference on December 30.

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.

The Securities Journalists Club has selected the top 10 events on the Vietnamese stock market in 2019 as followed.

Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).

Vietnam is one of the best growing economies in the Southeast Asian region and the country has become an attractive destination for investment from all over the globe, according to an article recently posted on the Bangkok Post.

The year 2019 was full of difficulties, and thanks to high efforts of relevant parties, the stock market did not witness a big collapse, said an official of the State Securities Commission of Vietnam.

Indonesia’s budget deficit neared 26.28 billion USD during January - November, or 2.29 percent of the gross domestic product (GDP), compared to 1.8 percent of the GDP during the same period last year.

For 2020, Vietnam’s agricultural sector targets a gross domestic product (GDP) growth rate of 2.8 – 3 percent and an agro-forestry-fishery export turnover of more than 42 billion USD.

The number of women-owned businesses increased from 21 percent in 2011 to 24 percent in 2018, according the Vietnam Chamber of Commerce and Industry (VCCI).

Vietnam is seeking to develop its information and communications technology industry (ICT) with a focus on domestic firms to make it a key economic sector in the next decade, according to experts.

The revision of the size of Vietnam’s gross domestic product (GDP) for 2011-2017 is in line with international practices and serves as a foundation for the country's development path in the next 10 years, an official has said.

Prime Minister Nguyen Xuan Phuc has affirmed the Vietnamese government’s determination to reform the country’s business environment and provide all possible support for foreign enterprises, including those from the US, to do business in Vietnam.

Ho Chi Minh City should draft a master plan to develop its logistics sector, said Pham Thanh Kien, Director of the municipal Department of Trade and Industry.