Ministry outlines two economic growth scenarios for 2025
The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.
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The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.
The Ministry of Industry and Trade (MoIT) has ordered local firms to ensure sufficient supply of goods of affordable prices for the upcoming Tet (Lunar New Year) holiday, as demand on this occasion is forecast to increase 10% from the same time last year.
The Asian Development Bank (ADB) has forecast Vietnam's Gross Domestic Product (GDP) at 6% for 2024, according to the Asian Development Outlook (ADO) released on December 13.
The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024, with the highest GDP growth rate forecast at 6.5%.
The Asian Development Bank (ADB) has maintained its favourable economic outlook for Vietnam as it forecasts the country's gross domestic product to expand 6.5% in 2022 and 6.7% in 2023, based on the update of its flagship economic report released on September 21.
Despite moderation in July exports this year, Moody's Analytics - a unit of Moody's Corporation, has forecast Vietnam's GDP growth in 2022 to reach 8.5% - the highest among its peers in the Asia-Pacific region.
The Asian Development Bank (ADB) recently forecast that Vietnam's economic growth this year would be 4.1 percent, 0.7 percentage points lower than its April estimate but still the highest expected in Southeast Asia.
Vietnam's export turnover of wood and forestry products is forecast to hit US$11 billion in 2019, according to an official from the Vietnam Administration of Forestry (VAF).
The Vietnamese economy is predicted to maintaina healthy growth in 2019 and 2020 at 6.8% and 6.7% respectively after a robust growth of 7.1% in 2018, according to the latest report released by the Asian Development Bank (ADB).
The Asian Development Bank (ADB) has forecast Vietnam's economy to grow by 6.8% in 2019 and 6.7% in 2020, according to its latest report released on April 2.
The four-day calendar New Year holiday and the nine-day lunar New Year (Tet) festival are expected to offer golden chances for the Vietnamese tourism sector, with the number of holiday-makers booking tours via travel agents forecast to rise by 30 percent year-on-year.
Vietnam's gross domestic product (GDP) growth is commonly forecast to be good, but not high, in 2018 by domestic and international institutions.
The national economic growth will continue to be marked by positive trends this year thanks to improvements to institutions and the investment environment, according to a forecast by the National Centre for Socio-Economic Information and Forecast (NCIF).
The Asian Development Bank (ADB) has updated its growth forecast for Vietnam in 2017 to 6.7%, following a similar move by the World Bank two days earlier.
This year's seafood export turnover is forecast to expand by 6% to US$7.4 billion when compared to last year's figure, and is set to fulfill its target one month ahead of schedule despite facing a number of notable.
The British banking corporation HSBC's research unit has projected that Vietnam's economy will expand by 6.3% in the first quarter of 2017 while inflation is put at 5%.
Vietnam, Indonesia and the Philippines are forecast to be economic drivers of the Association of Southeast Asian Nations (ASEAN) in 2016 and 2017, a Moody's report said in its growth Outlook of ASEAN Economies to Emerge in 2016 and 2017.
Vietnam's economic growth in 2015 is forecast to reach 6.4 percent, according to the Ministry of Planning and Investment.
Minister of Agriculture and Rural Development Cao Duc Phat has forecast that the sector's export revenues will reach the threshold of US$30 billion in 2014.
The Vietnam Coffee and Cocoa Association (Vicofa) has forecast that for the 2013-2014 crop, the country's coffee exports will reach more than 1.5 million tonnes, valued at USD3 billion, a year-on-year rise of 20 percent.
Economists predict the Vietnam economy will experience positive growth in 2014 on the back of an increasing global demand and much improved world economic environment.
Prime Minister Nguyen Tan Dung has called on ministries and localities to continue improving their capacity to forecast natural disasters and changes in the climate.
Vietnam's exports are forecast to enjoy a good year in 2014 thanks to the country's efforts to expand markets and new opportunities generated from trade deals that are expected to be concluded next year.
Vietnam's export revenue for 2013 is forecast to reach US$131 billion, a 14% year-on-year increase and a 4% improvement on the National Assembly's previous estimate, according to the Ministry of Industry and Trade (MoIT).