economic growth stories

Vietnam

In Q3 of 2021, Vietnam's Economy Shrinks for the First Time Since 2000

The ongoing COVID-19 outbreak, combined with severe lockdown restrictions, has led to Vietnam's worst economic quarter in decades.

Vietnam

In Q3 of 2021, Vietnam's Economy Shrinks for the First Time Since 2000

The ongoing COVID-19 outbreak, combined with severe lockdown restrictions, has led to Vietnam's worst economic quarter in decades.

Vietnam

IMF Predicts Vietnam's Economic Growth Rates Will Top ASEAN in 2022

The International Monetary Fund (IMF) predicts Vietnam's economy will grow 7.2% in 2022, making it the strongest in ASEAN.

Vietnam

Standard Chartered Predicts 7.8% GDP Growth for Vietnam in 2021

It's going to be a good year, according to a recent report.

Vietnam

Vietnam's 2020 Economic Growth Lowest in 10 Years

But it still performed exceptionally well in the global context.

Vietnam

Vietnam's Brand Value Increases 29% Thanks to Good Pandemic Response

Thanks in large part to Vietnam's stellar response to the COVID-19 pandemic, the country's national brand value rose 29% to US$319 billion in the past year.

Hanoi

Hanoi Aims to Reach $12,000 in Average Income in Next Decade

Hanoi is aiming to double the city’s per capita income in the next 10 years by leaning on the encouraging economic growth rates of recent years.

Postcards

Saigon Postcard No. 26: Urban Decay

What happens after the cho thuê nhà signs go up?

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Vietnam

Even With Stellar Pandemic Response, Vietnam's Consumer Confidence Drops Sharply

A recent survey found that the figure fell to its lowest point in roughly 20 years.

SaigoneerOct 6, 2020

Saigon

Saigon Aims to Reach Over $12,000 in GDP per Capita by 2030

Saigon's GDP per capita in 2019 was US$6,862.

SaigoneerSep 26, 2020

Vietnam

Over 30m Workers in Vietnam Impacted by Pandemic: Labor Ministry

While Vietnam has thus far avoided serious public health impacts from the coronavirus pandemic, it has not escaped the economic ravages of the global emergency.

SaigoneerJul 1, 2020

Vietnam

The Week in Focus: Social Distancing Regulations Eased Off

Stay connected with Saigoneer on Twitter and Instagram and like us on Facebook .

SaigoneerApr 24, 2020

Vietnam

IMF Predicts 2.7% GDP Growth in 2020 for Vietnam as Other Economies Contract

The COVID-19 pandemic will dampen Vietnam’s economic growth for 2020, though the country will be in a better position than most of its better-off peers.

SaigoneerApr 20, 2020

Vietnam

Planning Ministry Earmarks $2.6bn of Financial Aid for Workers Affected by Covid-19

Some major sectors of Vietnam’s economy have had to close to limit the spread of Covid-19, sending scores of workers into temporary unemployment. How will they be supported during this period of hardship?

SaigoneerApr 9, 2020

Vietnam

Vietnam Moves up 23 Spots in Economic Freedom Index

The country ranked 105 th out of 180 nations.

SaigoneerMar 19, 2020

Travel

Almost 2m Foreign Tourists Visited Vietnam in January, a Record Number

Vietnam's tourism industry saw unprecedented growth in international arrivals last month, though the timing of this success — right in the middle of a coronavirus outbreak — is unfortunate.

SaigoneerFeb 6, 2020

Environment

Air Pollution Is Costing Vietnam's Economy $10.8–13.6bn a Year, Research Shows

Air pollution has been a daily annoyance for many Saigoneers, but how does this urban ailment translate into economic terms?

SaigoneerJan 16, 2020

Vietnam

Vietnam Should Aim to Become High-Income Nation by 2045, PM Says

After Vietnam finished 2019 with impressive growth rates, leaders are optimistic that the country is on a stable trajectory to join the ranks of upper-middle-income or even high-income nations within a few decades.

SaigoneerJan 7, 2020

Vietnam

Vietnam’s Economy Expands by 6.8% in 2019, World Bank Says

In a press conference held Tuesday, World Bank officials said Vietnam’s GDP has expanded by 6.8% in 2019, while public debt has fallen by almost 8% since 2016.

SaigoneerDec 18, 2019