On September 5, 2022, Regulation No. 80-QD/TW was issued to reaffirm Politburo’s power in cadre work to help the ruling Communist Party of Vietnam (CPV) strengthen in the context of signs of a weak market threatening sustainable economic growth. The…
The World Bank recently commented that Vietnam “needs reforms to ensure continued growth in the context of an aging population” in this Southeast Asian country. A new report released by the World Bank said that “population aging can slow down…
The Asian Development Bank (ADB) has just revised its forecast for Vietnam’s Gross Domestic Product (GDP) growth in 2021 to only 3.8%, much lower than the figure of 6.7. % at the beginning of the year. This is the third…
Standard Chartered Bank has just lowered its forecast for Vietnam’s economic growth from 6.5% to 4.7%. This is the third time the UK-based multinational bank has lowered its GDP growth forecast for Vietnam for 2021, from a very high 7.8%…
Facing the ongoing pandemic situation in Vietnam, the Asian Development Bank (ADB) has revised down its forecast for Vietnam’s economic growth in 2021 from 6.7% to 5.8%. Vietnam’s state-controlled media reported on July 20. Accordingly, ADB believes that the delay…