Vũ Thế Bình, chairman of the Việt Nam Tourism Association, shared his views with Việt Nam News on how businesses are preparing to meet the growth goals of 8.3-8.5 per cent.
Unlocking the full potential of Việt Nam''s real estate market must start from reforming institutional frameworks, experts stressed at a forum on developing the real estate market to boost GDP growth held on September 26 by the Xây dựng (Construction)...
The study, covering 5,000 respondents in Indonesia, Malaysia, Singapore, Thailand and Việt Nam, found that Việt Nam’s consumer sentiment led the region with 67 points, up three points from last year.
“Localities must achieve higher growth rates than those set in Resolution No. 25/NQ-CP, especially those serving as growth engines of the country,” Minister of Finance Nguyễn Văn Thắng said.
Việt Nam is stepping up efforts to achieve an ambitious GDP growth target of 8.3–8.5 per cent this year, despite global uncertainties and divergent economic forecasts.
This makes Việt Nam the fastest-growing economy among the ASEAN+3 group, which includes the ten ASEAN countries along with China, Japan and South Korea.
The Singapore-based United Overseas Bank (UOB) revised its forecast projection for Việt Nam’s GDP growth upward to 6.9 per cent for 2025 from its previous projection of 6 per cent, following the strong performance in the second quarter.
In the most extreme case, electricity demand increases by more than 15 per cent, driven by breakthrough economic performance and widespread severe weather conditions.
The Organisation for Economic Co-operation and Development (OECD) forecasts Việt Nam’s economic growth at 6.2 per cent this year and 6 per cent next year.
The UOB’s announcement of an increase in charter capital and a plan for a new headquarters building in HCM City reaffirms the bank’s strong commitment to long-term investment in Việt Nam.