Vietnam poised for highest GDP growth in Southeast Asia

By Dang Khoa   June 19, 2020 | 06:30 pm GMT+7 VNExpress

Vietnam poised for highest GDP growth in Southeast Asia

Farmers harvest rice in a paddy field in the southern province of Soc Trang, March 10, 2020. Photo by VnExpress/Nguyet Nhi.

The Asian Development Bank (ADB) has forecast the highest 2020 GDP growth rate in Southeast Asia for Vietnam at 4.1 percent.

The regional bank has placed Myanmar in second place with an estimated growth rate of 1.8 percent while Brunei in third place with 1.4 percent. Thailand is at the bottom of the list at -6.5 percent, behind Singapore (-6 percent) and Cambodia (-5.5 percent).

Southeast Asia’s average GDP growth is estimated to contract by -2.7 percent this year and expected to rebound to 5.2 percent next year.

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H1 GDP growth hits 10-year low

By Anh Tu   June 29, 2020 | 04:41 pm GMT+7 VNExpress

H1 GDP growth hits 10-year low

Workers manufacture antibacterial masks at a firm in HCMC’s Tan Binh District, April 2020. Photo by VnExpress/Nguyet Nhi.

Vietnam’s GDP growth was roughly 1.81 percent in the first half, the lowest since 2011, due to the Covid-19 pandemic, General Statistics Office reported Monday.

The country’s second quarter GDP grew by 0.36 percent, compared with an expansion of 6.73 percent in the same period last year, said the GSO.

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World Bank forecasts Việt Nam’s 2019 growth at 6.6 per cent

Update: April, 27/2019 – 08:29 VNA

Việt Nam’s economic growth is projected to moderate to 6.6 per cent in 2019, driven by credit tightening. — VNA/VNS Photo

HÀ NỘI — Việt Nam’s economic growth is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to the World Bank (WB).

Under the Managing Headwinds report on East Asia and Pacific update released on Wednesday, WB said Việt Nam’s economy continues to show fundamental strength, supported by robust domestic demand and export-oriented manufacturing. Tiếp tục đọc “World Bank forecasts Việt Nam’s 2019 growth at 6.6 per cent”

Giá trị tài sản tăng nhanh hơn thu nhập, tiền đâu nộp thuế?

Nguyễn Vạn PhúThứ Tư,  25/4/2018, 07:54 

Đất đai ở Việt Nam tăng nhanh và có thời điểm, có khu vực bắt kịp với giá địa ốc ở những nơi được xem là đắt đỏ trên thế giới. Ảnh: HẢI NAM

(TBKTSG) – Dư luận phản ánh trên báo chí về dự án Luật Thuế tài sản những ngày sau khi được Bộ Tài chính giới thiệu nhìn chung là phản đối – với rất nhiều lý lẽ rất xác đáng. Một trong những lập luận khó lòng phản bác là hiện nay theo Hiến pháp, đất đai thuộc sở hữu toàn dân, người dân chỉ có quyền sử dụng đất nên đất không phải là tài sản của họ đúng nghĩa. Một khi đất không thuộc sở hữu thì làm sao bắt người dân đóng thuế dưới tên gọi Luật Thuế tài sản cho được.

Tiếp tục đọc “Giá trị tài sản tăng nhanh hơn thu nhập, tiền đâu nộp thuế?”

Productivity key to escaping mid-income trap

vietnamnews Update: December, 14/2017 – 08:00

Workers produce mechanical accessories and parts at the Hirota Precision Viet Nam Co.,Ltd in Đồng Nai Province. — VNA/VNS Photo Danh Lam
Viet Nam News HÀ NỘI — Việt Nam has to focus on increasing labour productivity and overall productivity growth to avoid the risk of being stuck in the middle income trap, experts said at the Vietnam Development Forum (VDF) 2017 yesterday.

Prime Minister Nguyễn Xuân Phúc said that there were signs of slowdown in productivity growth, a key driver of sustainable development, and this has to be reversed with innovation, creativity and technological applications. Tiếp tục đọc “Productivity key to escaping mid-income trap”

ADB lifts growth prospect of VN to 6.7%

vietnamnews Update: December, 13/2017 – 18:00

Việt Nam’s growth prospect is predicted to be 6.7 per cent in both 2017 and 2018. — Photo bantuyengiao.vn
Viet Nam News  HÀ NỘI — The Asian Development Bank (ADB) revised Việt Nam’s growth prospect upward to 6.7 per cent in both 2017 and 2018 compared with earlier forecasts of 6.3 and 6.5 per cent, respectively.

This is part of ADB’s forecast on economic expansion of developing Asia, which showed the GDP of the first three quarters of 2017 in Việt Nam grew by 6.4 per cent, up from 5.9 per cent in the same period of 2016. Tiếp tục đọc “ADB lifts growth prospect of VN to 6.7%”

Renewable Energy Benefits: Measuring The Economics – Lợi ích kinh tế của năng lượng tái tạo

IRENA report

The need for scaling up renewables is now undisputed, and the full range of benefits they can bring has come to the fore in global discussions. As countries consider options at their disposal, understanding the socio-economic benefits of the transition to a renewable energy future is of vital importance. Renewable Energy Benefits: Measuring the Economics provides the first global quantification of the macroeconomic impacts of renewable energy deployment. It finds that doubling the share of renewables by 2030 would bring a range of positive impacts including an increase in global gross domestic product (GDP) up to 1.1 percent, improvement of global welfare by 3.7 percent and over 24 million people working in the renewable energy sector. This report provides the latest evidence that mitigating climate change through the deployment of renewable energy and achieving other socio-economic objectives are mutually beneficial. Thanks to the growing business case for renewable energy, an investment in one is an investment in both. A full understanding of these benefits can tip the balance towards low-carbon investments and future-proof our energy system.

Download full report http://www.irena.org/DocumentDownloads/Publications/IRENA_Measuring-the-Economics_2016.pdf

Increasing World’s Share of Renewable Energy Would Boost Global GDP up to $1.3 Trillion

Abu Dhabi, U.A.E., 16 January 2016 – Achieving a 36 per cent share of renewable energy in the global energy mix by 2030 would increase global gross domestic product (GDP) by up to 1.1 per cent, roughly USD 1.3 trillion, according to new analysis by the International Renewable Energy Agency (IRENA). Tiếp tục đọc “Increasing World’s Share of Renewable Energy Would Boost Global GDP up to $1.3 Trillion”

ADB: Growth at 6.7% in 2017 & 2018

Last update 18:05 | 13/12/2017

Vietnam’s growth prospects have been revised upwards to 6.7 per cent in both 2017 and 2018 compared to previous forecasts of 6.3 per cent and 6.5 per cent, respectively, in a supplement to the Asia Development Bank’s Asian Development Outlook Update 2017 report, released on December 13.

ADB: Growth at 6.7% in 2017 & 2018, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The first three quarters of 2017 saw GDP grow by 6.4 per cent, up from 5.9 per cent in the same period of 2016, the report noted. Tiếp tục đọc “ADB: Growth at 6.7% in 2017 & 2018”