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GDP growth
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Businesses, experts optimistic about economic recovery
The fastest first-quarter GDP growth in four years and a revival in orders have come as a shot in the arm for businesses after a challenging 2023.
GDP expands by 5.66% in Q1
Vietnam's GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office.
GDP growth expected to reach 5.5% in Q1: UOB
Singapore-based lend United Overseas Bank (UOB) has pegged Vietnam’s GDP growth at 5.5% in the first quarter, compared to 3.3% in the same period last year.
March 11, 2024 | 08:01 pm PT
HSBC forecasts revival in consumer demand
After a bleak 2023, consumer demand is expected to pick up this year, according to lender HSBC.
February 11, 2024 | 05:49 am PT
Thai Q3 GDP growth disappoints, missing forecasts amid weak exports
Thailand's economy expanded at a slower-than-expected pace in the third quarter, weighed down by weak exports and agriculture but supported by consumption and the continued recovery in tourism, the state planning agency said on Monday.
November 20, 2023 | 12:57 am PT
GDP growth pegged at 5% this year: PM
Vietnam’s GDP will only expand by about 5% this year, missing its targets, as unprecedented domestic and global challenges hamper growth.
October 22, 2023 | 11:52 pm PT
Vietnam to miss economic growth target: lawmakers
Vietnam is expected to miss this year's GDP growth target of 6-6.5% due to domestic business struggles and global economic pressures, according to country’s parliamentary economic committee.
October 16, 2023 | 07:35 pm PT
GDP to grow 6.3% next year: HSBC
Export and domestic spending recovery will be two main driving forces to help Vietnam's GDP reach 6.3% in 2024, according to HSBC.
October 10, 2023 | 02:30 am PT
AMRO revises up Vietnam's 2023 GDP growth amid regional challenges
The ASEAN+3 Macroeconomic Research Office (AMRO) has just revised the growth forecast for Vietnam’s economy in 2023, increasing it to 4.7% from the previous 4.4% stated in the July report.
October 8, 2023 | 07:09 pm PT
Hun Manet aims to make Cambodia high-income country by 2050
New Cambodian Prime Minister Hun Manet on Monday laid out his vision to lift the Southeast Asian country into the high-income category by 2050, in his first public remarks at an international forum since taking office.
September 4, 2023 | 04:18 pm PT
Malaysia posts weakest GDP growth in nearly 2 years as exports slump
Malaysia's economic growth hit the lowest in nearly two years in the second quarter due to sliding exports and a global slowdown, prompting the central bank on Friday to warn that full-year growth will come in at the lower end of its previous forecast.
August 18, 2023 | 01:05 am PT
China's economy facing 'new difficulties' as post-Covid recovery loses steam
China's top leaders said the Chinese economy was facing "new difficulties and challenges" in a meeting of the 24-person Politburo on Monday.
July 24, 2023 | 05:11 pm PT
ADB lowers Vietnam’s GDP growth forecast
The Asian Development Bank (ADB) has lowered its GDP growth forecast for Vietnam from 6.5% to 5.8% this year due to persistent economic challenges in the Southeast Asian nation.
July 19, 2023 | 03:39 pm PT
Economic recovery signs on horizon in H2: analysts
“Beams of sunlight” may begin to pierce Vietnam’s gloomy economic “storm” in the remaining months thanks to increasing services and retail demand boosted by relaxed government fiscal policy, analysts say.
July 18, 2023 | 08:42 pm PT
Thailand's growth beats forecast
Thailand's economy expanded faster than expected in the first quarter due to a recovery in tourism, data showed on Monday, while investors braced for political uncertainty after the opposition secured a stunning election victory on Sunday.
May 15, 2023 | 08:24 pm PT
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