The financing includes a $2.7 million grant from the Government of Canada and a $1.9 million grant from the Government of Australia, both to be administered by ADB.
Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.
Despite deaths reported day after day in the resurgence of coronavirus, the country refrains from applying nationwide quarantine as the government tries to mitigate detrimental economic impacts.
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 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.
Growth of Vietnam’s economy is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to World Bank.
Vietnam's economic growth is expected to slow down to 6.7 per cent next year in the context of weaker external environment.
Outlook of Vietnam's economic growth in 2019 will be a picture mixing the grey shade of things to look out and the pink shade of things to look forward to, according to influential economist Dr. Vo Tri Thanh.
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.
Vietnam’s economy continued to perform strongly in the first half of 2018, however, it remains vulnerable to external and domestic challenges, according to Asian Development Bank.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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