The Hanoitimes – But the potential negative impact of trade tensions on global growth would be more detrimental for Vietnam. Vietnam is keeping its stride, topping the major ASEAN economies with expected GDP growth rate of 6.7% in 2018. But external headwinds pose downside risks for the coming quarters, HSBC stated in its latest report. The […]
Read MoreThe Hanoitimes – The Vietnamese business environment can be improved by increasing productivity as well as reducing costs and business risks. The government should further improve the country’s business environment to make it more stable, transparent and attractive to investors, especially in the context that many firms are considering relocating their production bases from China to […]
Read MoreThe Hanoitimes – World Bank (WB) Country Director for Vietnam Ousmane Dione appreciated what Vietnam has achieved in the context of global challenges. Many experts have forecast the Vietnamese economy will enlarge by 7%, and with drastic reforms taken, the growth will reach 7.06%. The National Center for Socio-economic Information and Forecast (NCIF) has released two […]
Read MoreThe Hanoitimes – Comparing to the credit growth in 2016 and 2017 at 18.71% and 18.17%, respectively, the growth rate in 2018 should be much lower, while the structure of credit has now been shifted to manufacturing and processing. Vietnam’s credit growth as of the mid of December has been kept below 16%, which is projected […]
Read MoreThe Hanoitimes – Vietnam’s beer production output would be roughly 4.1 billion liters by 2020. The number will rise to 4.6 billion liters by 2025 and 5.5 billion liters by 2035. Foreign investors have tried to hold dominant stake in Vietnamese beer companies in a move to rapidly control the local market, which is now among […]
Read MoreThe Hanoitimes – The government has so far also planned to cut costs for businesses to make the country’s investment environment more attractive. Vietnam needs to curb the rising business cost as soon as possible because it will be hindering foreign investors to pour into the country in the time to come, experts warned. According to […]
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