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Vietnam among top 20 FDI destinations in the world

For the first time, Vietnam is among the top 20 countries attracting the most foreign direct investment (FDI) capital in the world, according to World Investment Report 2021 by the United Nations Conference on Trade and Development (UNCTAD). In 2020, Vietnam ranked 19th globally as a FDI host country with $16 billion investment capital, up […]

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Vietnam GDP growth predicted to hit 6.2% in 2021: CIEM

A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet. In the most optimistic scenario, Vietnam’s GDP growth in 2021 would reach 6.2% year-on-year on the assumption that the pandemic is contained in August, higher than the 6% target set by the National […]

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StanChart cuts Philippines GDP growth to 4.6%

MANILA, Philippines — With an earlier resurgence in new COVID-19 cases and the slow pace of vaccination, the Philippines may recover slower from the pandemic than other economies in Asia, according to Standard Chartered Bank. During a webinar, StanChart economist for Asia Chidu Narayanan said the bank expects the Philippines to grow by 4.6 percent […]

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