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Economic woes far from over: NA committee chairman

Economic woes far from over: NA committee chairman

Returning Vietnam’s economy to a state of healthy growth will remain a bridge too far this quarter, said Vu Hong Thanh, Chairman of the National Assembly Economic Committee.
What India's decision to scrap its 2,000-rupee note means for its economy

What India's decision to scrap its 2,000-rupee note means for its economy

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday.
May 20, 2023 | 06:08 pm PT
FDI sector posts over $14B in four-month trade surplus

FDI sector posts over $14B in four-month trade surplus

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than $14 billion in trade surplus in the first four months.
May 17, 2023 | 09:50 pm PT
Newly registered enterprises in Laos increases sharply

Newly registered enterprises in Laos increases sharply

In 2022, Laos had a total of 18,076 newly registered enterprises, with a total registered capital of about US$7.5 billion, an increase of 42.94% compared to 2021, statistics of the country’s Ministry of Industry and Trade revealed.
May 8, 2023 | 06:46 pm PT
Fed raises rates, opens door to pause in tightening cycle

Fed raises rates, opens door to pause in tightening cycle

The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase with what may be the last in a historic series of interest rate hikes and heightened attention to credit and other economic risks.
May 3, 2023 | 04:10 pm PT
HCMC leader says economy improving

HCMC leader says economy improving

The Ho Chi Minh City economy has had many bright spots in April, especially in manufacturing and retail trade, its People’s Committee chairman Phan Van Mai has said.
April 28, 2023 | 11:44 pm PT
Vietnam’s green economy expected to reach $300B by 2050

Vietnam’s green economy expected to reach $300B by 2050

Vietnam has set a target of increasing its green economy's contribution to GDP from $6.7 billion in 2020 to $300 billion by 2050, Minister of Planning and Investment Nguyen Chi Dung has said.
April 17, 2023 | 10:11 pm PT
Vietnam's economy to grow by 6.6% this year: OECD

Vietnam's economy to grow by 6.6% this year: OECD

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released by the Organization for Economic Co-operation and Development (OECD).
April 3, 2023 | 09:56 pm PT
HCMC economy grows 0.7% in Q1

HCMC economy grows 0.7% in Q1

HCMC’s gross regional domestic product (GRDP) grew just 0.7 % in the first quarter, the lowest among Vietnam’s five municipal cities.
March 31, 2023 | 01:34 am PT
Boom, bust or a bit of both: US, global economies are a confounding mix

Boom, bust or a bit of both: US, global economies are a confounding mix

Dana Peterson, the chief economist at the Conference Board, sees a clear conclusion in the sharp decline of the U.S. business group's Leading Economic Index: If recession isn't already taking hold in the United States, then it will soon.
February 27, 2023 | 01:11 am PT
Indonesia 2022 GDP growth races to 9-year high on resource boom

Indonesia 2022 GDP growth races to 9-year high on resource boom

Indonesia's economic growth climbed to its strongest in nine years last year fuelled by revived spending from the lifting of pandemic restrictions and as a global commodity boom sent exports to a record high.
February 5, 2023 | 11:02 pm PT
Consumer inflation in Japan's capital hits near 42-year high, keeps BOJ under pressure

Consumer inflation in Japan's capital hits near 42-year high, keeps BOJ under pressure

Core consumer prices in Japan's capital, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, marking the fastest annual gain in nearly 42 years and keeping the central bank under pressure to phase out economic stimulus.
January 26, 2023 | 09:36 pm PT
Visa revenue growth slows more as tough economy sobers spending

Visa revenue growth slows more as tough economy sobers spending

Visa Inc's revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy.
January 26, 2023 | 09:34 pm PT
US economy posts strong growth in Q4, but with underlying weakness

US economy posts strong growth in Q4, but with underlying weakness

The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation's health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs.
January 26, 2023 | 09:34 pm PT
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