Gdp

If Vietnam’s ICT industry continues to assemble and outsource for other countries, the sector will remain the same. But if Vietnam developes domestic digital technology firms, possesses its own technology, it would grow and the sector could go on to "conquer the world", Hung added. … [Read more...] about ICT sector can outpace GDP growth with domestic production: minister

Other challenges were difficulties in site clearance and resettlement due to inability for local authorities and landowners to come to an agreement on land handover for project execution, and adjustments to financing agreements and investment procedures of overseas developmental assistance (ODA)-funded projects causing delays in construction. … [Read more...] about Vietnam budget deficit forecast at 3.6% of GDP in 2021

Mark Billington, ICAEW regional director, Greater China and South-East Asia, said: “The biggest concern for Southeast Asian economies is keeping additional waves of infection at bay while gradually bringing society and economic activities back to speed. … [Read more...] about Viet Nam GDP to grow by 8 per cent: Oxford Economics

Vietnam’s trade will benefit from the FTAs it signed in 2020, the European Union–Vietnam Free Trade Agreement, the Regional Comprehensive Economic Partnership and the U.K.–Vietnam Free Trade Agreement, in the form of lower tariffs and greater access to some huge markets. … [Read more...] about HSBC expects 7.6 pct surge in Vietnam GDP

Southeast Asia experienced a three-speed recovery, with differences primarily driven by the varying success of countries’ ability to contain fresh waves of infection and implement lockdown exit strategies to safely reopen their economies and fiscal and monetary policy support.  … [Read more...] about Vietnam’s GDP to grow by 8 per cent: Oxford Economics