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VEPR

Vietnam’s economic growth: Optimistic or pessimistic?

While domestic think tanks in Vietnam show optimism on the local economic growth and forecast a better performance than the government’s target, international organisations are more cautious with lower projections.

Vietnam could realise 6.81 per cent growth in 2019

Vietnam will likely survive on a two-scenario forecast for economic growth this year, at either 6.56 per cent on the safe side or at as high as 6.81 per cent, according to the latest VEPR report.

Dr Nguyen Duc Thanh: No society can thrive with a heavy taxation burden

According to Dr Nguyen Duc Thanh, raising taxes is not a sustainable solution, as no society can thrive while shouldering a heavy taxation burden. It will slowly shrink.

World Bank Expert: "Increasing minimum wage has a negative impact on the economy"

At the workshop where the results of the study on “Wages and Labor productivity in Vietnam” were published, experts share different views on this issue.

GDP growth target in reluctance

Imposing targets for each ministry can pose some negative impacts on the economy, as it does not create any motivation for the development of economic sectors.

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1,102.16 8.03 0.73
Volume: 603,587,510 Value: 12,228 (Billions VNĐ)
226.26 0.11 0.05
Volume: 75,070,425 Value: 1,376 (Billions VNĐ)
85.19 0.2 0.24
Volume: 39,630,264 Value: 459 (Billions VNĐ)
1,090.39 8.69 0.8
Volume: 141,733,828 Value: 4,059 (Billions VNĐ)