Blog posts tagged by tag: Vietnam
With GDP and exports soaring, poverty plummeting, and growth prospects for the years ahead rosy, Vietnam is without doubt Asia’s rising star. In this article, we take a closer look at the country’s recent economic history, and what is in store over the coming years.
As many of the world's largest emerging economies were faltering earlier this year, namely China, Russia, and Brazil, Vietnam appeared to be one of the emerging market standouts. Since then, however, the Vietnamese economy has shifted into a lower gear as adverse weather conditions damaged a large share of agricultural output, which accounts for almost 20% of GDP. Following disappointing first and second quarter GDP readings, analysts now project Vietnam expanding 6.1% this year, which is substantially lower than the near 7% growth that was expected earlier in year. Despite the disappointing year thus far for Vietnam, FocusEconomics expects steady growth in the manufacturing and construction sectors to offset the impact of the lower agricultural yield and help the economy recover in the second half of the year. We recently sat down with our Vietnam expert economist Jean-Philippe Pourcelot to chat about how he views Vietnam's economic outlook, the key factors that will affect the country's economic growth in 2016 and how reforms could help Vietnam's government to improve FDI and foster a more business-friendly environment overall.
Malaysia, the Philippines, Thailand and Vietnam all saw their 2021 growth forecasts trimmed by our panel this month… https://t.co/xVVEEw1y7I
2 days ago
On 1 January, African countries opened their markets under the first phase of the African Continental Free Trade Ag… https://t.co/bMyUN6OAZM
3 days ago
In a poll earlier this week we asked which Latin American country would have the highest inflation in 2021. With ov… https://t.co/jG7sQgVfEM
6 days ago
The sol had been trending gradually lower since the beginning of the Covid-19 pandemic, hitting a then-record low o… https://t.co/yYm0yEmXav
6 days ago
In 2021, the regional economy should rebound from last year’s Covid-19-induced slump. However, still-tight containm… https://t.co/HbCUMEUIQV
1 week ago
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