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Thailand economy likely picked up speed in Q1 as tourism rebounds

Thailand economy likely picked up speed in Q1 as tourism rebounds

Thailand's economy likely picked up speed in the first quarter aided by a strong recovery in the tourism sector and a rebound in private consumption, but a weakening global economy poses the biggest risk to the outlook, a Reuters poll found.
Vietnam’s GDP forecast to rank second in ASEAN

Vietnam’s GDP forecast to rank second in ASEAN

Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF).
April 16, 2023 | 10:01 pm PT
Vietnam central bank to keep monetary policy flexible in 2023, tame inflation

Vietnam central bank to keep monetary policy flexible in 2023, tame inflation

Vietnam's central bank pledged on Friday to keep monetary policy flexible for the rest of the year to support economic stability amid external challenges, with space for more interest rate cuts while it prioritizes keeping inflation in check.
March 31, 2023 | 02:27 am PT
World Bank reduces Vietnam growth forecast sharply

World Bank reduces Vietnam growth forecast sharply

Vietnam’s economic growth is set to slow down from 8% last year to 6.3% in 2023, the World Bank has forecast, pointing to internal and global headwinds.
March 13, 2023 | 08:19 pm PT
Income, spending in China grew far slower in 2022

Income, spending in China grew far slower in 2022

Income per capita in China grew by just 2.9% in real terms over 2022, after increasing by 8.1% a year earlier, returning to a growth rate similar to that of 2020 when China was battling Covid and introducing sweeping lockdowns and other restrictions.
February 27, 2023 | 08:17 pm PT
Economy to grow at 7.2% in 2023: Standard Chartered

Economy to grow at 7.2% in 2023: Standard Chartered

Standard Chartered Bank expects Vietnam’s GDP to grow at 7.2% this year and 6.7% next year.
January 7, 2023 | 04:00 am PT
Vietnam eyes $32,000 GDP per capita by 2050

Vietnam eyes $32,000 GDP per capita by 2050

The Vietnamese government expects to nearly double the country’s GDP per capita by 2030 and increase it eightfold to $32,000 by 2050.
January 5, 2023 | 06:00 am PT
IMF says global debt well above pre-pandemic levels despite steep 2021 drop

IMF says global debt well above pre-pandemic levels despite steep 2021 drop

Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the impacts of Covid-19, but overall remained well above pre-pandemic levels, the International Monetary Fund said on Monday.
December 12, 2022 | 05:57 pm PT
Vietnam resets modernization push with new economic restructuring targets

Vietnam resets modernization push with new economic restructuring targets

Vietnam will target 7% GDP growth, $7,500 per capita GDP, agriculture workforce reduction to less than 20% and trained workforce augmentation to 35-40% by 2030, a Party resolution says.
November 28, 2022 | 06:34 am PT
Vietnam a bright spot amid global slowdown: IMF chief

Vietnam a bright spot amid global slowdown: IMF chief

Despite the current global economic downturn, Vietnam remains a bright spot in the region with high GDP growth, IMF Managing Director Kristalina Georgieva said.
November 19, 2022 | 06:26 am PT
HSBC hikes Vietnam growth forecast to 7.6%

HSBC hikes Vietnam growth forecast to 7.6%

Lender HSBC has raised Vietnam's growth forecast to 7.6% this year thanks to the country's broad-based recovery and significant improvement in the manufacturing sector.
October 25, 2022 | 02:24 am PT
GDP growth predicted to reach 8%

GDP growth predicted to reach 8%

With the economy recovering quickly and growing steadily since the beginning of the year, the Ministry of Planning and Investment expects GDP growth to top 8% this year.
October 1, 2022 | 01:00 am PT
Vietnam to lead GDP growth among major Asia Pacific economies

Vietnam to lead GDP growth among major Asia Pacific economies

Vietnam is set to lead GDP growth among major economies in the Asia Pacific at 7.2% this year, but global inflation remains a threat to the region, the World Bank forecasts.
September 27, 2022 | 01:04 am PT
Japan to forgo setting ceiling on next year's defense spending, Nikkei reports

Japan to forgo setting ceiling on next year's defense spending, Nikkei reports

Japan will forgo setting a ceiling on defense spending in next fiscal year's annual budget, the Nikkei newspaper reported on Saturday, highlighting Tokyo's interest in boosting defense at a time of tension with its powerful neighbor China.
July 15, 2022 | 06:08 pm PT
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