Vietnamplus

A new report by the World Bank Group pointed out that between 2010 and 2020, the Human Capital Index for Vietnam increased from 0.66 to 0.69.

A new report by the World Bank Group pointed out that between 2010 and 2020, the Human Capital Index for Vietnam picked up from 0.66 to 0.69.

Despite relatively effective containment of Covid-19, the impact of the pandemic on Thailand's economy has been more severe than expected and economic recovery remains elusive, with annual GDP poised to shrink by 8 percent, says the Asian Development Bank (ADB).

Vietnam’s economy is expected to grow 1.8 percent in 2020 amid the COVID-19 pandemic and bounce back to 6.3 percent in 2021, according to a new report released by the Asian Development Bank (ADB) on September 15.

HCM City will continue to speed up the disbursement of public funds and seek to increase budget revenue for the remaining months of the year, the chairman of the municipal People’s Committee has said.

The economy of Thailand improved in July thanks to public spending and an easing of coronavirus containment measures, according to the Bank of Thailand (BoT).

Lower lending rates in the financial-banking market may not mean good things for the securities market, specialist Dao Phuc Tuong said on August 13.

The teleconferenced 55th meeting of the Governing Board of the Asian Organisation of Supreme Audit Institutions (ASOSAI), chaired by the State Audit Office of Vietnam (SAV), has ended with success with many important issues handled.

Measures to support members of the Asian Organisation of Supreme Audit Institutions (ASOSAI) in COVID-19 response were discussed aside from specialised issues at the online 55th meeting of the ASOSAI Governing Board on July 27.

The Government needs to do more to revive the business sector, Dr Tran Hung Son, Deputy Director of the Institute for Development and Research in Banking Technology under the Vietnam National University-HCM City has said.

Ho Chi Minh City is seeking to speed up public spending after many projects reported delays this year.

The foundation of Vietnam’s economy is forecast to be maintained and recover with a growth rate of 6.8 percent in 2021, providing the COVID-19 pandemic is brought under control in the first half of 2020, according to the Asian Development Bank (ADB).

Vietnam’s economic growth rate is expected to slow sharply to 4.8 percent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on April 3.

The Government will take more drastic actions to contain the spread of the COVID-19 pandemic in the next one month, Prime Minister Nguyen Xuan Phuc said while concluding the government's regular meeting for March on April 1.

Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the hardest-hit industries, experts said.

The Indonesian Government is formulating incentives for tourism industry stakeholders such as hotels or airlines to counter negative impacts of the novel coronavirus (Covid-19), said Indonesian Minister of Finance Sri Mulyani Indrawati.

Ho Chi Minh City's authorities are considering new procedures that would improve the management and disbursement of public investment funds.

Joining new-generation free trade agreements (FTAs) ​​will help Vietnam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.

Ho Chi Minh City's authorities plan to review obstacles to public spending and the speed of fund allocation and disbursement this year. ​

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.