Ho Chi Minh City’s per capita income forecast to hit $9,800 in 2020
The city is set to post a yearly GRDP growth rate of 8.5 percent between 2016 and 2020
The city is set to post a yearly GRDP growth rate of 8.5 percent between 2016 and 2020
Given the performance of Vietnam’s economy this year, the government has set an economic growth target of 6.7 percent for next year
Minister of Planning and Investment Bui Quang Vinh said that the GDP growth of Vietnam in the first six months of this year was 6.28 percent, the strongest in the last seven years
Though the Southeast Asian country achieved many positive economic results in 2104, it is forecast to face obstacles this year given current internal weaknesses and external factors
The General Statistics Office of Vietnam has estimated the country’s gross domestic product (GDP) in 2014 increased 5.98 percent – the highest since 2011
With gross domestic product (GDP) growth in 2014 reaching 9.6 percent, up 3.22 percent over last year, the per capita income this year rises 12.9 percent year on year to around $5,131.
Vietnam’s economic growth prospect is expected to be at 5.6 percent and 5.8 percent in 2014 and 2015, respectively, up 0.1 percent compared to the previous forecast.
India is calling for capital inflows from abroad, including from Vietnam, to boost economic growth and job creation after a decade of slow growth and high inflation
Vietnam’s debt is rising fast, and the country has to set aside more money from its national state budget for debt repayment, said Vietnam’s Prime Minister in a recent meeting of the National Assembly that was broadcast live on TV
And the country’s economy is forecast to continue growing below its potential, at less than six percent, in 2015, Takehiko Nakao, President of the Asian Development Bank (ADB), said at a press conference during his working trip to Vietnam last week