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GDP to bounce back after Q3 fall

GDP to bounce back after Q3 fall

Vietnam’s GDP is set to fall by 2 percent year-on-year this quarter before rising back in the remaining months for a growth of at least 3.5 percent for the year.

Vietcombank set for lower profit as lending slows

Vietcombank set for lower profit as lending slows

Vietcombank’s profits are set to decline for the first time since 2013 due to slower credit growth amid the Covid-19 pandemic, a brokerage forecast.

Vietnam warned negative growth a possibility amidst Covid-19 comeback

Vietnam warned negative growth a possibility amidst Covid-19 comeback

Vietnam’s GDP could contract this year as a Covid-19 resurgence threatens to block the recovery of major sectors, experts say.

August 3, 2020 | 01:01 am PT

Da Nang economy contracts for the first time in two decades

Da Nang economy contracts for the first time in two decades

Da Nang’s economy shrank by 3.61 percent in the first half, its first contraction in the 23 years since it became a central-level city.

July 1, 2020 | 04:00 am PT

Textile firms see profits drop

Textile firms see profits drop

Vietnamese textile firms reported a fall in profits in the first nine months as orders from major markets dried up.

November 19, 2019 | 08:08 pm PT

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