vietnam economy

Retail Asia29/10/2018

This year’s estimated per capita GDP of $2,540 marks a $440 increase over 2015, PM Nguyen Xuan Phuc informed the National Assembly Monday. In term of purchasing power parity (PPP), the per capita income in 2018 is estimated at $7,640, and expected to rise annually by six percent to reach $8,580 in 2020, the prime […]

Retail Asia26/10/2018

Vietnamese footwear exporters seem to be benefiting from the ongoing trade war between the U.S. and China. According to customs statistics, Vietnam’s footwear exports in the first nine months of this year were worth $11.74 billion, a 10.2 percent year-on-year increase. Its exports to China in the period have risen by 28.5 percent, to Japan […]

Retail Asia26/10/2018

Vietnam’s GDP per capita is set to increase this year, but its 2020 target of $3,200-3,500 looks distant. Minister of Planning and Investment Nguyen Chi Dung said at a National Assembly meeting Monday that if Vietnam’s GDP increases by 6.7 percent this year, per capita GDP will reach $2,540, up $155, or 6.1 percent year-on-year, […]

Retail Asia23/10/2018

Vietnamese footwear exporters seem to be benefiting from the ongoing trade war between the U.S. and China. According to customs statistics, Vietnam’s footwear exports in the first nine months of this year were worth $11.74 billion, a 10.2 percent year-on-year increase. Its exports to China in the period have risen by 28.5 percent, to Japan […]

Retail Asia23/10/2018

Vietnam’s State Securities Commission has received an application from Vietcombank for a private placement of shares worth over $156.5 million. The commission (SSC) said the country’s third largest bank by assets proposes to make a private issue of 360 million shares, equivalent to 10 percent of its charter capital. The lender plans to sell nearly […]

Retail Asia23/10/2018

A prime ministerial advisory body has said the state budget is overly dependent on crude oil, an unsustainable income source. The National Financial Supervisory Commission (NFSC) recently said crude oil is not a sustainable income source, both in the short and long term. In the short term, crude oil revenue can be affected by global […]

Retail Asia22/10/2018

Vietnam’s GDP per capita is set to increase this year, but its 2020 target of $3,200-3,500 looks distant. Minister of Planning and Investment Nguyen Chi Dung said at a National Assembly meeting Monday that if Vietnam’s GDP increases by 6.7 percent this year, per capita GDP will reach $2,540, up $155, or 6.1 percent year-on-year, […]

Retail Asia22/10/2018

Vietnam has fallen three places on the competitiveness index from last year, a new World Economic Forum report says. The country was ranked 74th in last year’s global competitiveness index, but fell three places to 77th this year, according to a WEF report released Wednesday. The 2018 Global Competitiveness Index 4.0 report said that Vietnam’s […]

Retail Asia22/10/2018

If US-China trade tensions drag on, Vietnam will still see good growth but face strong exchange rate pressures exerted by two major currencies. After GDP growth reached 6.98 percent in the first 9 months of 2018, the highest in the past 8 years, it is relatively clear that the Government will reach its 6.7 percent […]

Tag: vietnam economy

Vietnam’s per capita GDP up 17.3 pct in 3 years: PM

Vietnam footwear industry to be benefited from trade war

Vietnam’s authority no longer certain about 2020 GDP target

Vietnam footwear exports benefit from US-China trade spat

Vietcombank files for private issue of 360 million shares

Vietnam urged to cut dependence on crude oil

Vietnam’s per capita GDP long way away from 2020 target

Vietnam becomes less competitive on global index

US-China trade spat will exert exchange rate pressure on Vietnam