Gdp growth

Illustrative image (Photo: VNA) Singapore - The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asiaeconomy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW. … [Read more...] about Vietnam recovery prospects brightest in Southeast Asia: ICAEW

Well over half also reported falling pre-tax profits, with 31 percent saying they fell significantly or even suffered losses, according to the report released on Thursday by market research firm Vietnam Report (VNR). … [Read more...] about Covid-19 takes heavy toll on Vietnamese firms’ incomes: survey

The outbreak has fundamentally changed social behaviours and consumer trends. Therefore, the application of technological solutions to social and business operations is key. Besides that, the government should accelerate technological implementation in state management, especially public services for citizens. … [Read more...] about Promoting a redesigned model for stable growth

At a meeting reviewing the 2016-2020 socio-economic developmentplan, the MoIT said the domestic market played an important role in goods consumption, contributing to poverty reduction and ensuring social welfare, evidenced by a growth of nearly 9.2 percent in retail and services revenue in the last five years. … [Read more...] about Domestic trade to contribute 13.5 percent of GDP by 2025

The Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW suggests that while economic activities are picking up again and growth is expected to eventually rebound to 6.4 percent in 2021, the pace of recovery over the second half of 2020 will vary across the region, depending on the easing of lockdown restrictions and improved export demand. … [Read more...] about ICAEW: Vietnam is expected to be the only South-East Asian economy to record positive growth this year