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.
Regional GDP is forecast to contract markedly this year as the war devastates the Ukrainian economy, while the Russ… https://t.co/4Ut9QNYdvK
3 days ago
The base metals price outlook improved further this month, although prices are still expected to fall from their cu… https://t.co/MkkbfNgkFj
3 days ago
The downturn in precious metal prices in April was broad-based, with all four metals tracked by our analysts postin… https://t.co/TKHmYXXHqb
4 days ago
Regional economic growth should accelerate this year on the reduced impact of the pandemic and higher oil output as… https://t.co/UD6u7Yj0Hu
5 days ago
Inflation has been on a relentless upward march in recent months in developed economies. In our latest newsletter,… https://t.co/WWGKQ5urog
1 week ago
Get a sample report showing our regional, country and commodities data and analysis.