News
IMF Forecasts 6.1% Growth for Vietnam in 2024 Despite Ongoing Challenges
The IMF projects Vietnam’s GDP growth at 6.1% for 2024, supported by external demand and government policies, despite risks in exports and the real estate sector. In its recent September report, the International Monetary Fund (IMF) significantly upgraded its 2024 GDP growth forecast for Vietnam to ...
ASEAN Briefing
Vietnam attracts investors in the face of economic uncertainty
Despite the slowdown in global deal-making due to ongoing worldwide economic uncertainty, Vietnam remains active in M&A in 2020, according to a new report by Baker McKenzie. The firm’s fifth annual Global Transactions Forecast, jointly released with Oxford Economics, projects that mergers and acquisitions (M&A) will ...
Vietnam posts decade-high growth of 7.1% in 2018 Read more at https://www.channelnewsasia.com/news/business/vietnam-posts-decade-high-growth-of-7-1--in-2018-11067344
Vietnam’s growth soared to more than 7 per cent this year, its highest in a decade, helped by a surge in its manufacturing sector. The country has long been one of Asia’s fastest growing economies – GDP growth topped 5 per cent over the past ...
Amendments to agricultural land ownership approved
The cabinet on October 18 approved amendments to the Agricultural Land Reform Act, which has been in force for 40 years, in a move to narrow land ownership disparity and maintain existing land for agriculture. Key amendments include permitting heirs who do not want to ...
ADB puts Thailand’s GDP growth forecast at 3.2%
The Asian Development Bank has slightly revised up its forecast for Thailand’s 2016 economic growth from 3 per cent to 3.2 per cent, praising the country’s investment in infrastructure. “Government infrastructure investment is a key contributor to growth in Indonesia, the Philippines, Singapore and Thailand,” ...