vietnam

In the World, World economy 21st September 2020

Vietnam: Robust Growth Rates Have Come To An End

The economy grew 7% in 2019, as a surge in exports to the US offset weaker demand from China. Private consumption and fixed investment also performed well, helped by rapid wage growth, rising tourism and export manufacturing. However, in 2020 the economic performance is severely impacted by the coronavirus pandemic, with GDP growth expected to slow down to 2.3%. Both domestic demand and exports are impacted, with tourism, transport (aviation), electronics, textiles, and agriculture being the most affected industries.

World economy 21st October 2015

A Good Acronym for Emerging Markets Needs a V

Alberto Forchielli via Caixin| The BRICS, MINT and others are nice, but CIVET is better because it has Vietnam, the happy exception to recent slowdowns.

World economy 14th May 2014

China, this is not the giant oil rig you’re looking for

By Ray Kwong | It’s not an “ultimate weapon” like the Death Star from the Star Wars movie franchise, but the giant oil rig that China has parked just 140 miles away from Hanoi is equally as ominous. Much as the Galactic Empire used the Death Star’s presence to keep the weak in line, China’s decision to position the rig in the South China Sea in an area claimed by Vietnam is a demonstration of its regional muscle and resolve to assert its territorial claims.