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Tourism revenue forecast to amount to $22 billion this year
Travel

Tourism revenue forecast to amount to $22 billion this year

The fast growing Vietnamese tourism sector is expected to obtain total revenue of VND500 trillion (US$22 billion) this year, VND100 trillion higher than last year and VND40 trillion above the

Export value forecast to hit US$203 billion this year
Business

Export value forecast to hit US$203 billion this year

NDO/VNA – Vietnam’s export value is likely to hit US$203 billion in 2017, a year-on-year rise of 14.5 percent, economists predict.

Standard Chartered Bank raises GDP forecast
Business

Standard Chartered Bank raises GDP forecast

NDO/VNA – Standard Chartered Bank (SCB) has increased its forecast for Vietnam’s GDP growth rate for the whole year to 6.8%, higher than the Government’s set target of 6.7%.

HSBC raises economic growth forecast for Vietnam
Business

HSBC raises economic growth forecast for Vietnam

NDO - The Hong Kong and Shanghai Banking Corporation (HSBC) has raised its GDP growth forecast for Vietnam from 6.0% to 6.6%, for the whole 2017, and has predicted a 6.4% growth rate in 2018.

ADB trims Vietnam’s growth forecast, warns of lending growth risks
Business

ADB trims Vietnam’s growth forecast, warns of lending growth risks

NDO - The Asian Development Bank (ADB) has revised its 2017 growth forecast for Vietnam, decreasing it to 6.3%, and warned of the risks associated with strong credit growth as the government seeks to

Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast
Business

Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast

Toyota last year suffered its first drop in annual profit in five years.

HSBC lowers 2017 economic growth forecast for Vietnam
Business

HSBC lowers 2017 economic growth forecast for Vietnam

En nexpress - The expected growth rate is now far below the government’s target of 6.7 percent.

Vietnam's growth forecast lowered by International Monetary Fund
Business

Vietnam's growth forecast lowered by International Monetary Fund

En nexpress - A previous estimate of 6.5 percent has been slashed to 6.3 percent on the back of an underperforming oil industry.

Higher housing sales volumes forecast in Q2
Business

Higher housing sales volumes forecast in Q2

Vietnamnet - The real estate market will welcome many new launches in the second quarter of 2017 and sales volumes will be higher than the last quarter, according to the Vietnam National Real

World Bank maintains Vietnam’s growth forecast at 6.3% for 2017
Business

World Bank maintains Vietnam’s growth forecast at 6.3% for 2017

Nhan dan - NDO - The World Bank keeps its growth forecast for Vietnam at 6.3% for 2017, despite the economy showing signs of losing steam in the first quarter of the year, expanding by only 5.1%.

Vietnam's Q2 GDP growth forecast: 5.6%
Business

Vietnam's Q2 GDP growth forecast: 5.6%

Vietnamnet - Viet Nam’s GDP in the second quarter of this year is forecast to expand 5.6 per cent or 6.27 per cent, depending on two scenarios, expert said.

Vietnam's GDP forecast to expand 5.6% in Q2
Business

Vietnam's GDP forecast to expand 5.6% in Q2

Vietnamnet - Vietnam’s GDP in the second quarter of this year is forecast to expand some 5.6 per cent, higher than the 5.1 per cent rate in Q1.

Vietnam's economy forecast to grow 6.5%
Business

Vietnam's economy forecast to grow 6.5%

Nhan dan - NDO - Economists made comments on the outlook of Vietnam's economy in 2017 at a workshop held in Ho Chi Minh City on March 9 with an expected economic growth rate at 6-6.5%.

Vietnam’s growth forecast at 6.3% in first quarter: HSBC
Business

Vietnam’s growth forecast at 6.3% in first quarter: HSBC

Nhan dan - NDO - The British banking corporation HSBC’s research unit has projected that Vietnam’s economy will expand by 6.3% in the first quarter of 2017 while inflation is put at 5%.

More ample cheap housing supply forecast in 2017
Business

More ample cheap housing supply forecast in 2017

Vietnamnet - Vietnam Real Estate Association Chairman Nguyen Tran Nam said that the local property market would see more cheap housing supply in 2017 to meet increasing demand.

VN-Index forecast to face short-term resistance
Business

VN-Index forecast to face short-term resistance

Vietnamnet - The benchmark VN-Index will soon face resistance at 680 to 690 points, as short-term profit-taking activities are forecast to intensify early this week.

More rain, snow forecast as U.S. storm brings floods to California
World

More rain, snow forecast as U.S. storm brings floods to California

Yahoo News (Reuters) - Forecasters expect another half foot of rain to soak central and northern California and the Sierra Nevada mountains through early Tuesday, coming on the heels of powerful

Vietnam's population forecast to reach 100 million by 2025
Politics

Vietnam's population forecast to reach 100 million by 2025

While population growth has slowed, the country is grappling with a slew of problems, including gender imbalance and an aging workforce.

Holiday weather forecast more naughty than nice for U.S.
World

Holiday weather forecast more naughty than nice for U.S.

By Brendan O'Brien and Eric M. Johnson (Reuters) - A winter storm system sweeping the Pacific Northwest on Friday is expected to unleash heavy snow, freezing rain and high winds as it moves across

Fresh floods forecast to add to central Vietnam's woes
Politics

Fresh floods forecast to add to central Vietnam's woes

A low pressure zone may head toward the already swamped central region this weekend.

Steel production in Vietnam forecast to grow 10-12 pct next year
Business

Steel production in Vietnam forecast to grow 10-12 pct next year

An expanding economy needs something solid to build its foundations on.

American Airlines raises fourth-quarter unit revenue forecast
Travel

American Airlines raises fourth-quarter unit revenue forecast

(Reuters) - American Airlines Group Inc raised its current-quarter forecasts for pre-tax margin and a key profitability metric, citing an improvement in average fares.

Mexico central bank cuts growth forecast after Trump win
Politics

Mexico central bank cuts growth forecast after Trump win

Mexico's central bank slashed its economic growth forecast on Wednesday following market upheaval over Donald Trump's victory in the US presidential election. Shortly after the finance ministry

Otto forecast to become hurricane again: NHC
World

Otto forecast to become hurricane again: NHC

(Reuters) - Tropical storm Otto was forecast to become a hurricane again on Thursday before weakening over central America after landfall, the U.S. National Hurricane Center (NHC) said on Wednesday.

Britain slashes 2017 economic growth forecast to 1.4%
Politics

Britain slashes 2017 economic growth forecast to 1.4%

London (AFP) - Britain on Wednesday slashed its forecast for 2017 economic growth following the nation's shock referendum decision to leave the European Union.