Vietnam's gross domestic product (GDP) expanded by about 7.4% in the third quarter and 6.82% during the first nine months of 2024 compared to the respective periods of last year, the General Statistics Office (GSO) reported on October 6.
Malaysia's economy is open and has established cooperative relations with all countries, so it needs to continue playing its role as a “neutral” country with a strong ecosystem in the technology sector to ensure the country remains an investment destination, an official has said.
Since the national reunification on April 30, 1975, Vietnam has obtained admirable economic achievements and is now on its way to become the 20th largest economy in the world.
The Asian Development Bank (ADB) has forecast that Vietnam will post Gross Domestic Product (GDP) growth of 6% in 2024. It has also lowered its growth forecast for Vietnam this year to 5.2% from the previous 5.8%.
With 90.49% of approval votes, the National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domestic product (GDP) for the year.
Singapore’s gross domestic product (GDP) growth should improve gradually next year while core inflation is expected to ease by December, according to the Monetary Authority of Singapore (MAS).
Indonesia's combined foreign debt, including both government and private sector obligations, decreased to 395.1 billion USD in August from 397.1 billion USD the previous month, the central bank announced on October 16.
Vietnam’s agricultural sector needs to promote green and sustainable production toward increasing the value and competitiveness of farm produce and creating momentum for sustainable exports, said insiders.
Malaysia's gross domestic product (GDP) grew by 2.9% year-on-year in the second quarter of this year, mostly thanks to improving labour market, continued increase in domestic demand and higher tourism activities, said Governor of the Bank Negara Malaysia Datuk Shaik Abdul Rasheed Abdul Ghaffour.
Malaysian Prime Minister Anwar Ibrahim on July 27 announced a new plan to boost economic growth with a vision of guiding the country into the world’s top 30 economies over the next decade.
Thailand's finance ministry has lowered the country's economic growth projection for 2023 to 3.5 % from the previous forecast of 3.6% despite a strong recovery in tourism.
Vietnam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).
Revenue from the communications and information industry saw a significant drop in the first half of this year due to the difficult global and domestic economic situation, according to the Ministry of Information and Communications.
Malaysia will not face an economic recession this year as the country recorded an impressive 5.6% gross domestic product (GDP) growth in the first quarter of 2023, according to the country's central bank governor Tan Sri Nor Shamsiah Mohd Yunus.
Retailers must adapt and change, especially in modern technology, to survive and grow as consumers have more modern tools to choose goods on online as apposed to just brick-to-mortar stores.
Amid numerous difficulties facing the processing and manufacturing industry, it is necessary to turn the agricultural and service sectors into support pillars for others, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Vietnam’s gross domestic product (GDP) has grown about 3.32% year on year in the first quarter of 2023, according to the General Statistics Office (GSO).
On behalf of the Politburo, Party General Secretary Nguyen Phu Trong has signed Resolution No. 36-NQ/TW dated January 30, 2023 on the development and application of biotechnology for sustainable development of the country in the new situation.
