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World Bank’s Lead Economist: Vietnam's economy still faces many risks

Looking at Vietnam's macroeconomic indicators over the past seven years, we can see that despite the growth, the national economy still faces many risks related to current account deficits and inflation.

WB raises its forecast for Vietnam's 2017 GDP growth to 6.7 per cent

Economic growth of Vietnam in 2017 is anticipated 0.5 per cent higher than the previous forecast (6.2 per cent).

Korean business investment continues to soar

With US$4.432 billion of export turnover to South Korea and US$9.942 billion of import turnover from Korea in the first four months of the year, the country has become the biggest partner with which Vietnam has a trade deficit.

Vietnam struggles to meet food safety standards for exports

Only a small amounts of livestock products are able to be exported as food safety management in Vietnam is still weak.

Vietnam leads in shrimp exports to South Korea

$61.8 million earned from shrimp exports to country in first quarter, up 30.8% y-o-y and representing a market share of 49%.

Vietnam to export pork to China amid supply glut

Local farmers have seen prices fallen sharply as a surplus of 200,000 tons of pork is expected this year.

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