WB: Vietnam’s economy to grow by 6.8% in 2018
Sunday, June 10,2018AsemconnectVietnam - Vietnam's economy is forecast to expand by 6.8% in 2018, 6.6 percent in 2019 and 6.5% in 2020, according to the World Bank (WB)’s Global Economic Prospects.
Earlier in April 2018, the bank forecasted Vietnam’s economy to grow by 6.5% this year.
According to the bank’s latest report, growth in the East Asia and Pacific region is expected to remain solid, slowing marginally to 6.3% in 2018 and to an average of 6.1% in 2019-2020.
Conditions are mostly favourable for the region in 2018, with robust global trade, moderate borrowing costs and sustained capital inflows.
Private consumption continues to be supported by solid consumer confidence and rising household wealth, amid mild inflation.
Regional financial markets have remained buoyant, despite volatility in early and mid-2018 related to the prospects of monetary policy tightening in advanced economies and escalating trade tensions.
Bond spreads in some countries have increased, following volatility in stock markets, but remain close to low levels of 2017.
Domestic monetary conditions have tightened somewhat and prudential policies have kept credit growth in check.
Source: Vov.vn
Canada - a potential tuna market
Vietnam's petroleum exports and imports in March and the first 3 months of 2024
Vietnam rice export forecast in 2024
Vietnamese tuna exports to Chile nearly doubled
WB: Vietnam's economy shows signs of recovery, GDP may reach 5.5% in 2024
The UK- A stable market for Vietnamese pangasius
Vietnam’s leading rice export markets in first quarter of 2024
Pangasius exports to UAE increased by 67% in Q1/2024
Vietnamese canned sugarcane juice favoured in US
Investor confidence gains traction on improved business climate
Vietnam steel market update: Vietnam's steel exports increase in Q1
DAILY: Vietnamese pepper prices decreased by 500 VND on April 26, 2024
DAILY: Vietnamese coffee prices increased by 2000 VND on April 26, 2024
Chile is tending to increase tuna imports from Vietnam
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...