In 2025, credit growth is forecast to continue its upward trajectory, driven by factors ranging from flexible monetary policies to robust corporate borrowing demand.

The March 28 earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals in Thailand, according to the Bank of Thailand (BOT).

Vietnam's economy witnessed impressive growth, with GDP expanding by 7.09% in 2024, showing a strong recovery from the severe impact of the COVID-19 pandemic and global uncertainty, General Director of the General Statistics Office (GSO) Nguyen Thi Huong has said.

Vietnam’s retail industry is experiencing a period of remarkable growth, fuelled by favourable economic conditions and evolving consumer behaviour.

Party General Secretary To Lam, State President Luong Cuong, Prime Minister Pham Minh Chinh and National Assembly Chairman Tran Thanh Man, and other officials attended an online conference on January 8 connected to all 63 centrally-run cities and provinces across the nation to review operations of the Government and local administrations in 2024 and sketch out tasks for 2025.

Amidst a volatile global economy, Vietnam has had impressive GDP growth of 7.09% in 2024, surpassing forecasts and emerging as a bright spot for growth in the region.

The US-based financial, economic, and stock market news site investing.com said Vietnam's economy demonstrated continued resilience in November, with a substantial trade surplus and growth in exports and imports.

Thai Prime Minister Paetongtarn Shinawatra on October 16 officially launched Thailand’s national economic recovery project, aimed at supporting small businesses, easing spending, and reducing living costs.

The fertiliser, retail, livestock, banking and logistics sectors are expected to witness significant profit growth in the third quarter (Q3), ranging from 22% to an impressive 1,620%, a recent report has revealed.

The Governor of State Bank of Vietnam (SBV) on September 26 issued Directive No.04/CT-NHNN requesting its credit institutions, foreign bank branches, and banking associations to promptly implement solutions to support people and businesses affected by Typhoon Yagi.

Numerous enterprises have reported rising profits in the first half of the year, with several firms seeing a twofold surge in profits after tax compared to last year. This indicates an economic recovery despite both domestic and international challenges.

Experts warn it is important to develop measures to cope with risk in foreign exchange rates amid slow global economic recovery and geopolitical strife.

There remains ample room for Vietnam and China to cooperate in trade and investment, according to Chinese experts.

Bad debts in the banking system in the first five months of 2024 continued to increase by some 75.9 trillion VND (3 billion USD) against the end of 2023.

Regional connectivity is seen as a key to bolster growth as well as create breakthroughs for the socio-economic development in localities and the country as a whole, according to insiders.

More than 263,160 Vietnamese people visited Laos in the first three months of this year, becoming the second biggest source of foreign visitors to the country during the period, according to the Tourism Development Department of Lao Ministry of Information, Culture, and Tourism.

Import turnover of completely built-up (CBU) cars in March increased by 55.4% in volume and 41.4% in value compared to the previous month.

Production and business activities of domestic enterprises have shown positive signs of recovery. Many enterprises have obtained orders for the second or even the third quarter of 2024.

Ministries, sectors and localities need to drastically improve the business environment, including bettering the efficiency in implementing reform.

The Vietnamese economy is forecast to expand at 5.5% in the first quarter of the year as manufacturing and trade regain momentum, according to the United Overseas Bank Limited (UOB).