Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Standard Chartered forecasts strong growth for Viet Nam in first quarter
Standard Chartered Bank forecasted Viet Nam’s GDP to grow strongly by 7.7 percent in the first quarter of this year (up from 7.6 percent in the fourth quarter of 2024) in its latest macroeconomic update about the country.
 |
| Illustrative image |
The 2025 GDP growth forecast remains at 6.7 percent, with moderation expected in the second half.
According to the bank, Viet Nam's economic outlook remains supported by strong integration into global trade networks through multiple free trade agreements, along with continued foreign direct investment (FDI) inflows. These factors continue to strengthen the country's position in global production and exports.
Key economic indicators for March point to steady performance. Retail sales growth likely eased to 6.2 percent in March. Export growth may have moderated to 8.2 percent given a higher base; electronics exports have likely continued to improve year-to-date.
Imports and industrial production likely grew 6 percent and 6.2 percent, respectively. Inflation is expected to 3.4 percent in March (from 2.9 percent previously). If inflationary pressures persist, they may pose challenges for monetary policy.
Tim Leelahaphan, Senior Economist for Viet Nam and Thailand, Standard Chartered Bank, shared, while economic growth remains strong, trade risks and currency fluctuations could impact policy decisions. Viet Nam may consider have flexible monetary policies to ensure resilient financial sector and navigate potential economic fluctuations./.
Bài liên quan
Dành cho bạn
Đọc thêm
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
New regulations create more transparent corporate bond market
A new draft decree on corporate bonds seeks to enhance transparency, tighten accountability, and strengthen oversight to rebuild investor confidence, and support capital market development.
