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economy
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Thai economy shrinks, adds to rate cut case amid central bank and PM feud
Thailand's economy unexpectedly contracted in the fourth quarter of 2023 and policymakers downgraded the outlook for this year, adding to pressure on the central bank to give in to the prime minister's demands for a rate cut.
Vietnam navigates economic headwinds in 2023: PM
Vietnam’s economy overcame headwinds in 2023 to achieve strong growth compared to other countries in the region, Prime Minister Pham Minh Chinh has said.
China's economic conditions to improve in 2024: officials
China's economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing officials of the Chinese Communist Party's finance and economy office.
December 18, 2023 | 01:51 am PT
Philippines eyes constitutional amendments to ease economic restrictions
Philippine lawmakers are considering efforts to amend the country's constitution to ease restrictive provisions on economic ownership, a top congressional leader said on Monday.
December 11, 2023 | 12:04 am PT
Vietnam most appealing investment destination: US semiconductor industry
Vietnam is the most attractive destination for American chipmakers, John Neffeur, president of the country’s Semiconductor Industry Association, told Prime Minister Pham Minh Chinh.
December 7, 2023 | 08:10 pm PT
Economy confronts three key challenges as year-end nears: ministry
Obstacles in international trade, capital flow and administrative procedures still remain in the economy, said the Ministry of Planning and Investment at the monthly government meeting on Wednesday.
December 6, 2023 | 06:52 am PT
Vietnam's Japanese ODA tops $674M
Japanese Official Development Assistance (ODA) in Vietnam could top JPY100 billion (US$674 million) this fiscal year for the first time since 2017, according to a joint statement.
November 28, 2023 | 03:54 pm PT
Local authorities should foster night-time economy: PM
Prime Minister Pham Minh Chinh has called on local authorities around the country to develop the night-time economy.
November 15, 2023 | 11:59 pm PT
FDI surges as Vietnam deemed attractive by foreign investors
A number of investors from Europe, Japan, the U.K., and the U.S. are waiting in the wings to enter Vietnam, according to M&A experts.
November 14, 2023 | 12:09 am PT
Economy not short of funds but cannot absorb them: legislators
The economy does not lack liquidity, and even has an abundance of it, but cannot absorb it, lawmakers said.
October 24, 2023 | 08:38 pm PT
Vietnam's economy on track of recovery: analysts
Vietnam’s economy is showing signs of improvement as services and manufacturing start to gain back growth momentum amid global challenges, analysts say.
October 3, 2023 | 01:55 am PT
Significance of Vietnam being a market economy
Vietnam will have a newfound advantage in dealing with anti-dumping and anti-subsidy investigations by other countries if major importers like the U.S. and EU consider it a market economy.
September 28, 2023 | 04:46 am PT
PM Chinh plots Vietnam economic growth with US academics
U.S. academics said Vietnam needs to train quality human resources, draw foreign investment in key areas and strive to lead the supply chain to grow its economy.
September 22, 2023 | 01:20 am PT
2023 growth targets cannot be easily achieved: NA Chairman
The economy is under pressure with growth in the first half of 2023 falling to the lowest level in 12 years, National Assembly Chairman Vuong Dinh Hue has warned.
September 19, 2023 | 11:48 pm PT
China's economic gloom hangs over Japan's long-awaited recovery
Policymakers in Tokyo believe China's deepening economic woes could hit Japan's fragile recovery, especially if Beijing fails to shore up demand with meaningful stimulus, potentially delaying an exit from ultra-loose monetary policy.
September 6, 2023 | 08:09 pm PT
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