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GDP revision threatens to send debts spiraling, warn experts

The upward revision in Vietnam’s GDP will raise spending and borrowing ceilings while revenue sources remain unchanged, experts warn.

GDP revised up 25.4 percent

Vietnam’s economy was enlarged by 25.4 percent for the 2010–17 period, after the General Statistics Office revised its GDP measurement method.​

Singapore bank says Vietnam FDI on track to hit all-time high

Foreign investment in Vietnam is expected to top $20 billion this year, a record high, according to Singapore’s United Overseas Bank (UOB).
August 23, 2019 | 08:32 pm GMT+7

Vietnam to revise GDP methodology to match international norms

Vietnam is reassessing its GDP methodology to meet international norms and better reflect its economic size and structure.
August 18, 2019 | 11:00 am GMT+7

Vietnam fastest-growing economy in Southeast Asia: ADB

The Asian Development Bank maintains its Vietnam GDP growth forecast at 6.8 percent this year, and 6.7 percent in 2020, the highest in Southeast Asia.
July 19, 2019 | 10:01 am GMT+7

Vietnam economic growth to slow in 2019: IMF

The International Monetary Fund has forecast Vietnam’s growth to slow down to 6.5 percent this year due to weak external conditions.
July 17, 2019 | 02:20 pm GMT+7

Vietnam GDP grows at 6.76 percent

Vietnam’s GDP expanded 6.76 percent year-on-year in the first half of 2019, the second highest rate since 2011.
June 28, 2019 | 11:45 am GMT+7

Vietnam moves up in global reputation ranking

The 2019 FutureBrand Country Index report released on Tuesday places Vietnam at 61st out of 75 economies with the best reputation abroad.
June 27, 2019 | 01:57 pm GMT+7

Vietnam prepared for different trade war scenarios: deputy PM

Vietnam has envisaged different scenarios for the ongoing U.S-China trade war and prepared methodic responses, the government says.
June 06, 2019 | 05:30 pm GMT+7

Vietnam public debt at lowest level since 2015

The Ministry of Finance estimates public debt at the end of 2018 at 58.4 percent of GDP, or $136.75 billion, the lowest since 2015.
May 21, 2019 | 02:00 pm GMT+7

World Bank lends HCMC $125 million to improve urban management

HCMC will receive Vietnam's first ever municipal-level financial support package from the World Bank to foster sustainable urban growth.
May 18, 2019 | 02:52 pm GMT+7

Logistics industry faces dire labor shortage

Vietnam’s logistics industry will need an extra two million workers by 2030, but vocational schools are not up to producing them.
May 17, 2019 | 08:15 pm GMT+7

Digitization could add 1.1 percent to Vietnam’s GDP growth

Digitization could contribute 1.1 percent GDP per year to Vietnam until 2045, experts say.
May 15, 2019 | 05:30 pm GMT+7

Facilitate private sector growth with institutional reform: VCCI

The Vietnam Chamber of Commerce and Industry proposes policy prescriptions at the Vietnam Private Sector Economic Forum 2019.
May 04, 2019 | 11:00 pm GMT+7

Vietnam to join region in economic slowdown: World Bank

Vietnam’s GDP growth rate is projected to fall to 6.6 percent this year, the World Bank said.
April 26, 2019 | 08:02 pm GMT+7
 
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