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Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

HSBC warns of real estate risks

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

European Parliament approves EU-Vietnam free trade and investment protection deals

The EU-Vietnam trade agreement, the most modern and ambitious agreement ever concluded between the EU and a developing country, just got European Parliament’s backing.

HSBC estimates a 0.3 percentage point gain for Vietnam’s real GDP from EVFTA

Should the EU-Vietnam FTA be ratified at the end of 2019, Vietnam could expect to gain some 0.3 percentage point to its real GDP, say economists at HSBC.

World Bank raises Vietnam economic growth forecast by 0.3 per cent

The growth rate of Vietnam economy in 2018 was raised to 6.8 per cent by the World Bank, making Vietnam become one of the few countries having enhanced growth prospects.

Reducing trade costs can improve Vietnam's competitiveness in the ASEAN region

While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.

Vietnam's GDP in 2017 breaks the target to reach 6.81 per cent, the highest rate since 2011

The gross domestic product (GDP) in 2017 is estimated to increase to 6.81 per cent, exceeding the target of 6.7 per cent and the highest rate since 2011, according to General Statistics Office of Vietnam (GSO).

WB Country Director: Productivity growth named momentum for economic development

Vietnam Development Forum (VDF) held in Hanoi today focused on productivity growth, a key requirement for Vietnam's medium-term development prospects.

National Assembly concerns about plans to apply property tax on a pilot basis in Hochiminh City

Nearly all National Assembly members agreed to apply new regulations for Hochiminh City (HCMC) on a pilot basis, but doubts remain over property taxation.

Wave of SOEs Equitization drives up Vietnam stocks

In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.

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