Ministry of Industry and Trade issues action programmes for 2020

Minister of Industry and Trade Tran Tuan Anh has asked agencies and organisations in all localities to strengthen the fight against corruption and trade fraud.

World Bank maintains Vietnam’s GDP growth forecast at 6.5% in 2020

In 2020, the country’s domestic demand is set to benefit from generally supportive financial conditions amid low inflation and robust capital flows.

Strong growth in Vietnam to continue: Capital Economics

Capital Economics expects Vietnam’s economy to grow by around 7% this year, with strong export demand once again set to be the main driver of economic growth, despite global challenges.

Vietnam’s economy is expected to maintain good growth in 2020

Vietnam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country's economic prospects this year as well as opportunities and challenges facing the country.

Vietnam’s GDP to ease slightly in 2020

Viet Nam’s GDP growth would reach 6.8 per cent from the 7.02 per cent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.

Việt Nam's economy shines in 2019 but concerns exist for 2020

In 2019, the global economy witnessed a steady deceleration. According to estimates made by the International Monetary Organization (IMF) in October 2019, growth reached only 3.0 per cent compared to 3.6 per cent in 2018, lower than forecasts made in July and April respectively by 0.2 and 0.1 percentage points. Trade flow and foreign direct investment also decreased.

Vietnam's fiscal deficit set to see a short-term spike: Fitch Solutions

Fitch Solutions maintain 2019 fiscal deficit forecast at 6.6%, but are revising up our 2020 and 2021 fiscal deficit forecasts for Vietnam to 7.0% and 7.2%, respectively, from 6.6% previously.
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