UOB predicts 7.1% GDP growth for Vietnam in 2021

Vietnamese GDP growth is anticipated to expand 7.1% this year, to be driven by strong exports and foreign investment attraction, according to the Quarterly Global Outlook 2021 recently released by the United Oversea Bank (UOB).
moneyweek vietnam an emerging market that shone in a difficult year MoneyWeek: Vietnam – an emerging market that shone in a difficult year
imf global 2021 gdp growth may reach 55 thanks to covid vaccine IMF: Global 2021 GDP growth may reach 5.5% thanks to COVID vaccine
vietnam one of the few countries to record positive gdp growth in 2020 Vietnam - one of the few countries to record positive GDP growth in 2020
UOB predicts 7.1% GDP growth for Vietnam in 2021

The report states that Vietnamese exports during the opening two months of the year increased by over 20% compared to last year. Major export items were mobile phones, computer components, and machinery and equipment.

Most notably, foreign direct investment (FDI) inflows have been encouraging, with the country attracting approximately US$5.5billion of registered FDI capital during January and February. This marks an annual decline of only 15.6% despite border closures and travel restrictions, in comparison to the unprecedented 25% fall in 2020.

Japan made up the largest source of registered capital during the first two months, pouring in roughly US$1.5billion, followed by Singapore with US$861.1 million and China with US$374.9 million.

According to industry experts, while the upward trend of economic activities remains on track, it is highly dependent on the containment of infections and vaccination globally. For the year ahead, Vietnamese GDP growth is forecast to grow at 7.1%, a rate which is higher than the 6% target set by the National Assembly.

moneyweek vietnam an emerging market that shone in a difficult year MoneyWeek: Vietnam – an emerging market that shone in a difficult year

The list of countries that managed to grow their economies last year is an unusually short one, which makes Vietnam stand out.

minister ict industry can outstrip gdp growth with domestic production Minister: ICT industry can outstrip GDP growth with domestic production

Directly producing ICT goods instead of assembling them can allow the sector to outstrip the GDP growth by 2-4 times, according to Vietnam’s information and ...

digital economy set to make up 30 percent of vietnams gdp by 2030 Digital economy set to make up 30 percent of Vietnam’s GDP by 2030

The digital economy is expected to contribute 30 percent of the national gross domestic product (GDP) by 2030.

cebr vietnam to become worlds 19th biggest economy by 2035 CEBR: Vietnam to become world’s 19th biggest economy by 2035

Vietnam’s economy will rank 19th in the world by 2035, according to a report released recently by the UK’s Centre for Economics and Business Research ...

vov.vn

Insider

Amazing Place: Castel Meur - The House Between The Rocks Travel

Amazing Place: Castel Meur - The House Between The Rocks

In a quiet little village of Plougrescant, France, tourists can visit this quirky and extraodrinary Castel Meur, also known as "The House Between The Rocks", which has become an attraction for many years.
15:50 | 20/09/2021
Top 4 Vietnamese Contestants' Hot Pics To Vie For Global Beauty Pageants Handbook

Top 4 Vietnamese Contestants' Hot Pics To Vie For Global Beauty Pageants

Do Thi Ha, Pham Ngoc Phuong Anh, Nguyen Thuc Thuy Tien and Nguyen Huynh Kim Duyen set to vie for global beauty pageants.
15:45 | 20/09/2021
Unusual Place: Zalipie – The Pretty Painted Village in Poland World

Unusual Place: Zalipie – The Pretty Painted Village in Poland

In the outskirt of Poland, there is a pretty rural village that is called "The painted village" for its amazing and unique tradition of painting their homes inside and out with colorful floral patterns, making this place the most photogenic spot.
15:40 | 20/09/2021
Phiên bản di động