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National Assembly fixes 2023 growth target at 6.5%

National Assembly fixes 2023 growth target at 6.5%

The National Assembly has set an economic growth target for 2023 at 6.5% and GDP per capita at $4,400.
Public spending meets 39% of year's target

Public spending meets 39% of year's target

Public spending hit only 39.15% of Prime Minister's Pham Minh Chinh's target for the year in the first eight months, with roadblocks including land clearance and investment procedures.
August 24, 2022 | 01:05 am PT
Inflation to be contained within target this year: central bank

Inflation to be contained within target this year: central bank

Vietnam will be able to keep inflation under the targeted 4 percent cap this year despite rising prices and a stronger dollar, a central bank official has assured.
June 19, 2022 | 07:20 pm PT
6.5 pct GDP growth target a major challenge: Deputy PM

6.5 pct GDP growth target a major challenge: Deputy PM

The 6-6.5 percent gross domestic product (GDP) growth target for this year could be a challenge due to rising inflation and global supply chain disruptions, the government has said.
May 23, 2022 | 03:15 am PT
Vietnam forecasts 6-6.5 pct H2 GDP growth

Vietnam forecasts 6-6.5 pct H2 GDP growth

The government forecasts a GDP growth of 6-6.5 percent in the second half this year depending on the Covid-19 situation.
July 2, 2021 | 05:00 am PT
Casino operator targets ending losing streak

Casino operator targets ending losing streak

Royal International Corporation, which operates a casino in the northern Quang Ninh Province, has set itself a profit target of $500,000 this year after two years of losses.
June 14, 2021 | 09:18 pm PT
Vingroup targets 54 pct revenue growth

Vingroup targets 54 pct revenue growth

Vietnam’s largest private conglomerate, Vingroup, has set a revenue target of VND170 trillion ($7.3 billion) for 2021, up 54 percent year-on-year.
May 15, 2021 | 01:23 am PT
Jewelry firm PNJ eyes 15-pct post-tax profits growth

Jewelry firm PNJ eyes 15-pct post-tax profits growth

Phu Nhuan Jewelry JSC targets a 15 percent rise in post-tax profits this year to VND1.23 trillion ($53.4 million).
April 18, 2021 | 07:10 pm PT
ACB expects profits to top $460 mln

ACB expects profits to top $460 mln

Asia Commercial Bank has set itself a profit target of VND10.6 trillion ($460.8 million) for 2021, up 10 percent from last year.
March 15, 2021 | 08:00 pm PT
New Covid-19 outbreak a setback to Vietnam’s growth plans

New Covid-19 outbreak a setback to Vietnam’s growth plans

The latest Covid-19 outbreak could lower Vietnam’s first quarter growth and make the annual GDP target of 6.5 percent more difficult to achieve.
February 3, 2021 | 01:01 am PT
Vietnam aims to repeat 6.8 pct GDP growth in 2020

Vietnam aims to repeat 6.8 pct GDP growth in 2020

Vietnam forecasts its GDP to grow by 6.8 percent this year and plans to sustain it next year by increasing exports and controlling inflation.
October 21, 2019 | 01:11 am PT
Digital economy to account for 20 pct of GDP: Politburo

Digital economy to account for 20 pct of GDP: Politburo

Vietnam's digital economy will account for 20 percent of its GDP by 2025, according to a resolution issued by the Politburo.
September 29, 2019 | 07:58 pm PT
Bank credit growth likely to fall below target: securities firms

Bank credit growth likely to fall below target: securities firms

Securities companies forecast banking credit growth this year to be 12-13 percent, lower than the central bank's 14 percent target.
August 14, 2019 | 08:01 pm PT
PetroVietnam assigned $863 mln profit target

PetroVietnam assigned $863 mln profit target

State-owned oil giant PetroVietnam has a profit target of VND20 trillion ($863 million) this year, up 17 percent from last year.
July 14, 2019 | 09:10 pm PT
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