economy
The Economy category covers macroeconomic trends, fiscal policies, trade performance, and financial markets. It explores GDP growth, inflation, employment, investment flows, and regulatory changes, providing insights into economic stability, global trade relations, and policy impacts. This section serves as a resource for businesses, investors, and analysts monitoring economic developments.
Results of AMRO Annual Consultation with Vietnam are imminent
The ASEAN+3 Macroeconomic Research Office has pre-empted the release of its annual consultation report with Vietnam with this press release. Key takeaways: Vietnam’s economic growth in the near term remains fragile; The rate at which Vietnam’s population is ageing could weigh on medium-to-long-term growth potential; A drop in liquidity in
Business confidence among Eurocham BCI survey respondents up
Eurocham has released its Business Confidence Index survey results from Q3 and it is showing a marginal improvement, arresting a steady decline since the start of the year, The Investor is reporting. The index recorded 45.1 points in Q3 up from 43.5 in Q2. Full report: Eurocham Business Confidence Index
AMRO revises Vietnam’s GDP growth forecast up from 4.4 percent to 4.7 percent
The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Vietnam’s GDP growth forecast for this year from 4.4 percent to 4.7 percent, Vietnam Plus is reporting. This puts it in line with World Bank forecasts which were revised down last week from 6.3 percent forecast in April to 4.7 percent in
Economic challenges according to head of Vietnam’s General Statistics Office
Vietnam News is carrying a translation of an interview Huong Thi Nguyen, Director of the General Statistics Office (GSO) gave to Bao Tin Tuc, in which she addresses the outlook for Vietnam’s economy toward the end of the year. She notes three key challenges facing the economy: Firms are struggling
Vietnam revises growth expectations down to 6 percent
Bloomberg is reporting that a statement on the government’s website on Saturday said that 6 percent growth this year was the best Vietnam could hope for, but it was unlikely to be less than 5 percent. In the first nine months of the year, Vietnam recorded growth of 4.24 percent,
Mixed views on whether State Bank of Vietnam will cut interest rates again this year
Doanh Nhan Vietnam has compiled a range of views on whether or not the State Bank of Vietnam (SBV) will or even can reduce interest rates before the end of the year. Speculation is varied with UOB and MB Securities predicting further cuts and Rong Viet Securities, Maybank Securities, and
Vietnam’s low labor costs, economic resilience most important for foreign firms?
VN Express is carrying the outcomes of a HSBC survey that found low labor costs and economic resilience the two main reasons businesses considered Vietanm in their expansion plans. There is, however, no mention of tax incentives in either the article or HSBC’s original press release. Note: Tax incentives can
ManPower Group exec on Vietnam’s HR landscape
The Investor is carrying an interview with Simon Matthews, regional manager of workforce solutions company ManpowerGroup Vietnam (MPGV), Thailand, and the Middle East. He says: Vietnam needs to improve its English language proficiency; That 30 percent (120) of the 400 roles MPGV filed in the first six months of this
What Vientamese workers want in 2023: Decision Lab, The Sentry
Co-working space, The Sentry, and market research firm, Decision Lab, have released a report on what Vietnamese employees are looking for in their employers. For Gen X its learning opportunities for Gen Y is money which fits with broader observations of younger people have greater flexibility and older people have
Vietnam’s 2023 growth target ‘extremely difficult’ to reach says deputy minister
Deputy Minister of Planning and Investment Phuong Quoc Tran has told Vietnam News that reaching the government’s 6.5 percent GDP growth target by the end of the year will be challenging–at the end of June growth was at 3.72 percent. He says low demand is weighing heavily on exports and
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It