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HANOI (AFP): A strong response to the coronavirus pandemic, surging exports and healthy public spending have helped Vietnam buck a global recession in 2020 and fast-track its recovery, with analysts predicting it will likely enjoy one of the highest growth rates in the world.
HANOI: Vietnam’s economy could be bigger than Singapore’s by 2029, says DBS Bank Ltd.
HANOI: Foreign firms are set to capitalise on Vietnam’s privatisation drive and buy into assets such as Vinamilk and Mobifone to gain exposure to its fast-growing economy this year, boosting M&A deals that already hit a record US$4bil in 2015.
HANOI: Vietnam’s economy in 2015 grew at its fastest pace in five years, official figures showed Saturday, shaking off regional economic worries with strong exports, record foreign investment and buoyant domestic consumption.
HANOI: Vietnam aims to lift its growth rate over the next five years to an annual average of 6.5% to 7% by capitalising on multilateral trade deals, modernising agriculture and boosting investments, its communist party said.
HANOI: Vietnam could post a trade surplus of US$500mil this year, a state-run newspaper reported, citing revised government forecasts, as it seeks to reduce its reliance on imports from neighbouring China amid an ongoing diplomatic row.
HANOI, Jan 30, 2014 (AFP) - Packed shops, traffic chaos and kumquat trees everywhere can only mean one thing in Hanoi: a new lunar year is approaching. But not everybody is feeling festive.