Vietnamese GDP increases 2.12% in nine months

Vietnamese GDP increases 2.12% in nine months

According to a report released by the Ministry of Planning and Investment, Vietnam's Gross Domestic Product (GDP) rose 2.12% in the first nine months of 2020.
Vietnam's current account surplus is predicted at 3.7% in 2020

Vietnam's current account surplus is predicted at 3.7% in 2020

Fitch Solutions, the UK-based financial information services provider forecasts that Vietnam’s current account surplus could shrink to 3.7 percent in 2020 from 4.9 percent last year due to the effects of the COVID-19 pandemic.
Vietnam to slash 2020 GDP growth target by half due to COVID-19 pandemic

Vietnam to slash 2020 GDP growth target by half due to COVID-19 pandemic

Nikkei Asian Review has recently run an article saying that the Vietnamese government is supposed to reduce 2020 economic growth target to 2% to 2.5% due to the serious impacts of the COVID-19 pandemic.
Vietnam's GDP forecasted to reach 3.8% in 2020

Vietnam's GDP forecasted to reach 3.8% in 2020

VERP forecasted that Vietnam's GDP growth rate in 2020 would reach 3.8% if there is no second Covid-19 outbreak and the economy gradually resumes. 
Vietnam GDP growth may reach 3.8% in 2020

Vietnam GDP growth may reach 3.8% in 2020

Vietnam's GDP growth may reach 3.8% this year if there is no second Covid-19 outbreak in the second half of the year, and the economy gradually resumes, according to the Viet Nam Institute for Economic and Policy Research (VERP).
Fitch Solutions revises Vietnam's 2020 GDP growth to 3%

Fitch Solutions revises Vietnam's 2020 GDP growth to 3%

On July 1, Fitch Solutions released in its latest report that Vietnam's GDP growth in 2020 may reach 3%, slightly up from 2.8% previously. 
Vietnam digital economy expected to contribute 20 percent of GDP by 2025

Vietnam digital economy expected to contribute 20 percent of GDP by 2025

Prime Minister Nguyen Xuan Phuc on June 3 signed off on the national digital transformation programme until 2025 with a vision to 2030, which targets the digital economy contributing 20 percent of Vietnam’s GDP over the course of the next five years.
IMF: Vietnam GDP to grow at 7% next year

IMF: Vietnam GDP to grow at 7% next year

Vietnam’s economic growth is projected to slow down to 2.7% this year due to the novel coronavirus pandemic this year, but may pick up to 7% next year, the International Monetary Fund (IMF) said on May 11.
Public investment serves as a key factor for GDP growth

Public investment serves as a key factor for GDP growth

In the first two months of 2020, public investment disbursement has been much accelerated compared to a year ago. Amid the complex development of COVID-19 disease in Vietnam, public investment is regarded as a key factor for national economic growth. 
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