Representatives discuss Vietnam’s economic prospects in 2019. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable. The statement was made by Nguyen Dinh Cung, Director of the Central Institute for Economic Management (CIEM), at a conference held in Hanoi on January 17. “More importantly, the macroeconomic foundation continues to be strengthened, the balance of monetary and fiscal governance is maintained even in the context of external shocks and cyclical growth risks. Therefore, Vietnam still has favourable conditions to conduct fundamental reforms to economic institutions as well as its business environment," Cung said. According to CIEM’s report, in 2019, Vietnam’s GDP growth is forecast at 6.93 percent, … [Read more...] about Prospects look good for Vietnam’s economy in 2019
Australian economy forecast
Prospects look good for VN’s economy in 2019
Viet Nam News HÀ NỘI — Việt Nam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable. The statement was made by Nguyễn Đình Cung, director of the Central Institute for Economic Management (CIEM), at a conference held in Hà Nội on Thursday. “More importantly, the macroeconomic foundation continues to be strengthened, the balance of monetary and fiscal governance is maintained even in the context of external shocks and cyclical growth risks. Therefore, Việt Nam still has favourable conditions to conduct fundamental reforms to economic institutions as well as its business environment," Cung said. According to CIEM’s report, in 2019, Việt Nam’s GDP growth is forecast at 6.93 per cent, export … [Read more...] about Prospects look good for VN’s economy in 2019
Seminar talks future of Vietnamese digital economy
Illustrative image (Source: FPT Corporation) Hanoi (VNA) – A scientific seminar to offer strategic forecasts about the future of the Vietnamese digital economy took place in Hanoi on December 14. The event was co-organised by the Vietnam Academy of Social Sciences (VASS) and the Australia-based Commonwealth Scientific and Industrial Research Organisation’s Data 61 project. Speaking at the event, expert Nguyen Thu Nga from the VASS said the Vietnamese government has tapped into the potential of digital economy by issuing a master plan on the development of e-commerce and a national high technology development programme. The number of Internet subscribers soared 320-fold to 64 million in January 2018 from nearly 200,000 in 2000. Australian digital economy expert Jessica Antherton said digital economy is one of the pillars of economic growth as countries worldwide are embarking on the fourth industrial revolution. She pointed out seven key trends impacting … [Read more...] about Seminar talks future of Vietnamese digital economy
Vietnam’s economic growth forecast at 6.88 percent in 2018: CIEM
Ilustrative photo (Photo: VNA) Hanoi (VNA) - The Central Institute for Economic Management (CIEM) has forecast Vietnam’s economy growth for 2018 may be at 6.88 thanks to positive socio-economic results in the first nine months of this year. The forecast is higher than the institute’s prediction of 6.71 percent released three months ago. For the whole year, export growth is also forecast at 13.34 percent, trade surplus at 5.1 billion USD, and average inflation at 3.97 percent, the CIEM said at a seminar themed "Vietnam's Economy: Deepening Reforms and Enhancing Investor Confidence", co-hosted by CIEM and the Australian-funded programme, Australia Supports Economic Reform in Vietnam (Aus4Reform), in Hanoi on October 17. The workshop aimed to update and evaluate the macroeconomic developments in the third quarter and the outlook for the whole year, while giving recommendations on economic reform and macroeconomic management orientations in the last months of 2018 and the … [Read more...] about Vietnam’s economic growth forecast at 6.88 percent in 2018: CIEM
Vietnam’s economic growth forecast at 6.88% for the whole year: CIEM
>>> Think tank sets positive outlook for economic growth in 2018 The estimated data was provided by the Central Institute for Economic Management (CIEM) at a seminar themed "Vietnam's Economy: Deepening Reforms and Enhancing Investor Confidence", co-hosted by CIEM and the Australian-funded programme, Australia Supports Economic Reform in Vietnam (Aus4Reform), in Hanoi on October 17. The workshop aimed to update and evaluate the macroeconomic developments in the third quarter and the outlook for the whole year, while giving recommendations on economic reform and macroeconomic management orientations in the last months of 2018 and the following years. Priorities given to macroeconomic stability According to CIEM's report, high economic growth in the first two quarters of this year will help to significantly reduce the pressure on achieving the economic growth targets in the last months of the year. Exports and the disbursements of foreign investment increased quite stably, … [Read more...] about Vietnam’s economic growth forecast at 6.88% for the whole year: CIEM