If the nCoV epidemic lasts a long time, the GDP is expected to decrease.
However, Prime Minister Nguyen Xuan Phuc says Vietnam needs to respond flexibly to the epidemic, and not discuss the adjustment of GDP and export targets.
At Tan Son Nhat Airport
|Regarding imports and exports, MPI says if the epidemic ends in late Q1 2020, Vietnam’s export turnover would be $46.5 billion in Q1, or 21 percent lower than the same period last year.|
Regarding imports and exports, MPI says if the epidemic ends in late Q1 2020, Vietnam’s export turnover would be $46.5 billion in Q1, or 21 percent lower than the same period last year.
Bao Viet Securities (BVSC) predicted that the GDP would grow by 6.5 percent in Q1 2010, or 0.2-0.4 percent lower than the same period last year. The growth will recover in Q2.
Despite the declining trend overall, 49% Vietnam CEOs in particular, share a positive outlook for business growth in the year ahead.
- Growing global uncertainties may drag Vietnam’s GDP growth back to 6.5%-mark
- Experts: Vietnam sees opportunities for strong growth in 2018
- Vietnam should pursue renewable energy strategy for green growth: Carbon Tracker
- Vietnam urged to take advantage of global economic slowdown for stronger reform
- Chinese investment up while FDI approvals for Japan and S.Korea down
- Pessimism may drag VN stocks further this week
- Hasty planning plunges tourism spots under water
- Ample room for M&A activity
- Government firm with goals of macroeconomic stability, inflation control
- How to get a job in venture capital