World Bank: Vietnam’s trade balance deficit increases in August

The international financial institution said that among the main export items, furniture and footwear were hardest hit (down 38% and 26% respectively year-on-year), followed by computers and electronic products (down 11.9%), textiles (down 9%). However, according to the World Bank,…
World Bank: Three big risks to Vietnam’s economic outlook

Despite the positive economic outlook, the World Bank believes that Vietnam needs to handle high financial, financial, and social risks. According to the latest forecast of the World Bank (WB), Vietnam’s economic growth in 2021 could reach about 4.8%, and…
World Bank: FDI inflows to Vietnam decrease

The World Bank recently released a report, which said that foreign direct investment (FDI) inflows into Vietnam decreased in April, but “generally remained stable” in the first 4 months this year. In a report called “Vietnam Macroeconomic Update”, the World…
Covid-19: Vietnam’s economy is gradually declining

Vietnam has just been in the last day of the 15 days of social isolation and now faces the question: should it be strictly quarantined or loosened in order to reactivate its economic engine? Earlier this week, the image of…