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2023 growth targets cannot be easily achieved: NA Chairman

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.
China's economic gloom hangs over Japan's long-awaited recovery

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
Vietnam's coconut export to reach $1B in 2025

Vietnam's coconut export to reach $1B in 2025

Vietnam's coconut export is expected to reach US$1 billion in 2025 after the U.S. and China agree to allow Vietnamese coconuts to enter the two markets, according to the Vietnam Coconut Association.
September 1, 2023 | 01:00 am PT
Vietnamese economy to continue growth track: expert

Vietnamese economy to continue growth track: expert

Country Director of the Friedrich Naumann Foundation for Freedom (FNF) in Vietnam Andreas Stoffers has anticipated that the Vietnamese economy will continue its growth track.
August 28, 2023 | 08:37 pm PT
China approves 37 retail funds to help revive market

China approves 37 retail funds to help revive market

China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing economy.
August 27, 2023 | 08:15 pm PT
US-Sino tensions help spawn China card game craze

US-Sino tensions help spawn China card game craze

China's bankers and business executives have become increasingly reliant on domestic capital in recent years as foreign funding has dried up, but a popular way to unlock that cash may very well involve "throwing eggs".
August 27, 2023 | 08:08 pm PT
China's economic woes mount as trust firm misses payments, home prices fall

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is rapidly stifling what little momentum the economy has left.
August 16, 2023 | 02:09 am PT
Vietnam’s short-term economic outlook positive: PwC

Vietnam’s short-term economic outlook positive: PwC

Vietnam’s economic growth is projected to be still positive in the short term, according to the London-based audit service supplier PricewaterhouseCoopers (PwC).
August 14, 2023 | 07:26 pm PT
Biden calls China a 'ticking time bomb' due to economic troubles

Biden calls China a 'ticking time bomb' due to economic troubles

U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
August 10, 2023 | 06:14 pm PT
Positive economic outlook predicted for Vietnam in H2

Positive economic outlook predicted for Vietnam in H2

International organisations and media have continued to make positive assessment of Vietnam’s economic recovery and outlook in the second half of 2023.
August 3, 2023 | 03:00 am PT
GSO head points to factors affecting Vietnam’s efforts to curb inflation

GSO head points to factors affecting Vietnam’s efforts to curb inflation

An 20.8% increase in the base salary for civil servants, public employees, and members of the armed forces from July 1 will lead to rises in prices of goods and services, which may put a pressure on curbing 2023’s inflation.
July 3, 2023 | 06:08 am PT
South Korea factory activity suffers longest downturn in at least 19 years

South Korea factory activity suffers longest downturn in at least 19 years

South Korea's factory activity shrank at a steeper pace in June and extended its downturn to a record 12th consecutive month, a survey showed on Monday, underlining the challenges facing the economy as it struggles to mount solid recovery.
July 2, 2023 | 08:50 pm PT
China's industrial profits tumble, deepening economic gloom

China's industrial profits tumble, deepening economic gloom

Annual profits at China's industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to bolster a stuttering post-COVID economic recovery.
June 28, 2023 | 02:11 am PT
Analysis: China bankers told to shun flashy clothes, 5-star hotels in austerity drive

Analysis: China bankers told to shun flashy clothes, 5-star hotels in austerity drive

From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap.
June 18, 2023 | 09:06 pm PT
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