UOB raises GDP forecast for Vietnam to 7%

UOB raises GDP forecast for Vietnam to 7%

(VOVWORLD) - The United Oversea Bank of Singapore (UOB) has revised up Vietnam’s 2022 GDP growth forecast to 7.0% from 6.5%, assuming no further severe domestic disruptions from COVID-19, and projected...
Vietnam’s economy sees positive signs

Vietnam’s economy sees positive signs

(VOVWORLD) - The World Bank’s update on Vietnam’s macro-economy for June says Vietnam’s economy is on a positive recovery track. Since the beginning of the year, other organizations...
Vietnam’s macro economy shows strong recovery: WB

Vietnam’s macro economy shows strong recovery: WB

(VOVWORLD) - Vietnam’s industrial production index increased by 10.4% in May, comparable to its pre-pandemic rates, suggesting strong recovery of private consumption amid heightened global uncertainties, according to...
Vietnamese businesses digitalize to gain breakthroughs

Vietnamese businesses digitalize to gain breakthroughs

(VOVWORLD) - The 4th Industrial Revolution and the COVID-19 pandemic have generated both challenges and opportunities for multiple sectors and forced businesses to renovate, apply advanced technology, and digitalize to survive and...
US exempts tariffs on solar panels from Vietnam

US exempts tariffs on solar panels from Vietnam

(VOVWORLD) -US President Joe Biden on Monday declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an effort to promote clean...
 2,500 companies join Hannover industrial fair

2,500 companies join Hannover industrial fair

(VOVWORLD) - Hannover Messe, a major international industrial fair, resumed its offline events this year on Sunday in the German city of Hannover after a two-year hiatus due to COVID...
Resilient recovery policies pay off

Resilient recovery policies pay off

(VOVWORLD) -S&P Global Ratings on Thursday upgraded Vietnam's long-term sovereign credit rating to BB+ with a 'Stable' outlook on the back of strong economic recovery. It forecast that...