WHAT'S NEW
May. 01, 2025, 11:02 AM
Vietnam’s garment-textile export value is expected to reach 44 billion USD in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS).
Tags: Vietnam economy
Vietnam's domestic market still holds significant untapped potential, and stimulating domestic consumption is a vital strategy to drive economic growth in the near future, according to economic experts.
Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.
Singapore-based United Overseas Bank (UOB) has revised up its GDP growth forecast for Vietnam by 0.5 percentage point to 6.4% this year from the previous projection of 5.9%.
Vietnam’s economy will expand by 6.55-6.95% this year, according to a July 9 report by the Central Institute for Economic Management (CIEM) with support from GIZ on behalf of the German Government, at a workshop on Vietnam’s economy in the first half and prospects for the whole year.
The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5% and 4.7% in 2024 and 2025, respectively, from 4% in 2023, according to Maybank Research Pte Ltd forecast.
Vietnam ranks fifth out of 35 Asian markets in terms of economic openness, according to a report by market researcher Fitch Solutions.
VTV.vn - The International Monetary Fund (IMF) estimates that Vietnam's inflation this year will be around 3.9%, below the Vietnamese government's target of 4%.
VTV.vn - Amid global fluctuations, Vietnam remains as an attractive market for foreign investors, like many German businesses.
VTV.vn - Social media is one of the fastest and most direct means of conveying one's thoughts and aspirations on different topics.
VTV.vn - Vietnam and India are emerging as economic powers in the region that will make a difference in the post-pandemic times, The Economic Times cited Indian Ambassador to Vietnam Pranay Verma as saying.
VTV.vn - Most firms in the manufacturing and processing industry were optimistic about their production and business activities for the first quarter of 2019, according to a survey by the General Statistics Office (GSO).
VTV.vn - International bank Standard Chartered has forecast that Vietnam’s economy will expand by 6.6% in 2017, buoyed by strong growth in the manufacturing and construction sectors.
VTV.vn - HSBC has just released a report on the macroeconomic situation in Vietnam. According to the document, inflation still remains below the target 5 percent.
Tags: macroeconomy, HSBC, Vietnam economy
VTV.vn - Vietnam’s textile exports recorded their lowest growth in the first half of this year since 2010. Apparel is one of Vietnam’s key economy's key export and for every 6 US dollars of exports, 1 dollar comes from textiles.
VTV.vn - Swiss institution Credit Suisse predicts Vietnam’s GDP will rise to 6% this year, lower than the government’s target of 6.7%.
VTV.vn - Vietnam ended the first quarter with a trade surplus of $1.36 billion, doubling the figure estimated earlier by the General Statistics Office (GSO).
Vietnam’s economy is expected to remain stable in 2016, with growth of 6.7% followed by a modest softening in 2017. This forecast was made by the Asian Development Bank in its new flagship report Asian Development Outlook launched on Wednesday.
VTV.vn - The World Bank released its Live Long and Prosper: Ageing in Vietnam report on Vietnam’s population and labour force for the coming period at an event in Hanoi yesterday.
VTV.vn - The launch earlier this year of the ASEAN Economic Community (AEC) marked a milestone in the decade-long effort to transform the region into a single market and production base.
Tags: Vietnam economy, AEC
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Mid-market rates: 2025-05-01 11:02 UTC
