Vietnam > Economy

Viet Nam’s GDP hits 10-year low in the first quarter

03/28/2020 14:27

Viet Nam’s gross domestic product (GDP) expanded by 3.82 per cent in the first quarter of this year – the lowest growth rate posted in the past 10 years – showing the tremendous impact the novel coronavirus (COVID-19) pandemic is having on the country’s economy.

Headlines

Vietnam > Economy

GDP growth hits 10-year low

03/28/2020 14:48

Due to the novel coronavirus impact, Vietnam’s GDP growth hit roughly 3.82 percent in Q1, the lowest since 2010, the General Statistics Office reported Friday.

Vietnam > Economy

Vietnam's first quarter GDP growth lowest in 10 years due to COVID-19 pandemic

03/28/2020 14:46

In the first quarter of 2020, the Vietnamese economy grew at the slowest pace in the past decade as the COVID-19 outbreak dealt a blow to key industries like services and manufacturing.

Vietnam > Economy

Viet Nam’s GDP hits 10-year low in the first quarter

03/28/2020 14:27

Viet Nam’s gross domestic product (GDP) expanded by 3.82 per cent in the first quarter of this year – the lowest growth rate posted in the past 10 years – showing the tremendous impact the novel coronavirus (COVID-19) pandemic is having on the country’s economy.

Vietnam > Economy

Hanoisme proposes land rent reduction due to COVID-19

03/28/2020 14:21

The Ha Noi Small- and Medium-sized Enterprises Association (Hanoisme) has proposed Ha Noi to cut land rent by 50 per cent in the first half of this year for enterprises struggling due to the novel coronavirus (COVID-19) pandemic.

Vietnam > Economy

Ha Noi GRDP growth slows down due to COVID-19

03/28/2020 14:14

The capital city’s gross regional domestic product (GRDP) growth was estimated at 3.72 per cent in the first quarter of this year, the slowest pace over the past few years, the municipal Statistics Office has said.

Vietnam > Economy

Still modest results with state capital divestment

03/27/2020 13:34

In the first two months this year, only VND79 billion ($3.43 million) of state capital was divested at four businesses. Nguyen Duc Chi, chairman of State Capital Investment Corporation, sheds some light on the reason behind this and measures to better the situation.

Vietnam > Economy

FDI pledges contract as pandemic spreads havoc

03/27/2020 08:25

FDI pledges for new projects, capital supplements and stake acquisitions in Vietnam in Q1 fell 20.9 percent year-on-year due to the new coronavirus impact.

Vietnam > Economy

Hanoi orders ‘non-essential’ businesses to close to lessen Covid-19 risk

03/27/2020 08:25

Hanoi has ordered the shutting of “non-essential” businesses, except for shops selling food, medicine and fuel, until April 5 to prevent the spread of Covid-19.

Vietnam > Economy

Long-term potential ahead for local tech startup scene

03/27/2020 08:22

Vietnam’s startup ecosystem continues to be a darling for foreign ventures funds and angel investors. However, the flow of fresh funds into the market might be dampened by the rapidly escalating global health emergency. Eddie Thai, partner at US-headquartered venture capital firm and incubator 500 Startups, outlined to VIR’s Thanh Van his insight into Vietnam’s startup ecosystem amidst the crisis and his fund’s plan in 2020.

Vietnam > Economy

VIDA proposes solutions to rescue business from COVID-19 impact

03/27/2020 08:02

The Vietnam Digital Agriculture Association (VIDA) proposed the Government increase updates of accurate market information and the developments of the COVID-19 outbreak, helping businesses balance their imports with domestic consumption as well as setting operation plans.

 

Symbol Lookup

Close

Close