Ageing in Vietnam: how to live long and prosper (video)

When it comes to development success stories it’s hard to look past Vietnam. After shrugging off the colonialist French it withstood saturation bombing by the USA before pushing back the Chinese. The political and economic (Đổi Mới) reforms towards building a socialist-oriented market economy initiated at the 6th National Congress have seen the country grow […]

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

While many Southeast Asian economies are struggling with the impact of China’s continuing slowdown, Vietnam has bucked the trend and posted strong economic growth over the last year. In Q4 2015, Vietnam’s GDP expanded by seven per cent, the fastest rate in five years. For the full year, 2015 Vietnam GDP was 6.68 per cent, significantly […]

Thailand Weakest Asean Economy in 2016 – World Bank

Thailand Weakest Asean Economy in 2016 – World Bank

The World Bank has forecast modest economic growth in 2016 with global gross domestic product (GDP) forecast to increase by 20.83 per cent from 2.4 per cent in 2015 to 2.9 per cent this year. However, “anaemic recovery in emerging markets” will “weigh heavily on global growth” while “simultaneous weakness in most major emerging markets […]