In early 2025, the Lao economy showed signs of recovery amid many challenges and fluctuations in the global economy. In the first quarter of this year, the Lao economy achieved a growth rate of 4.5%. According to the latest report of the Government in May, the country's inflation rate decreased significantly to 8.3% in the month.
Vietnam’s Doi Moi (Renewal) process started in 1986, but it was not until the 1991-1995 period that the market mechanism with State management through laws, plans, policies, and other tools began to generate positive results.
The agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74%, 7.42% and 7.7%, contributing 6.09%, 40.17%, and 53.74% to the total GDP expansion during January–March, respectively.
Speaking at a conference on creating a financial centre in Vietnam on March 28, Minister of Finance Nguyen Van Thang said Vietnam is “on the brink of a golden opportunity” to establish itself as a key player in the global financial arena.
The economic sector contributes approximately 51% of Vietnam’s GDP, over 30% of state budget revenue, more than 30% of total import-export turnover, nearly 60% of total social investment capital, and 82% of the workforce.
With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.
The flood-related losses in Malaysia were equivalent to 0.05 % of the nominal gross domestic product (GDP) last year, compared to 0.04% in the previous year.
Beyond reforms, establishing effective mechanisms for dialogue and policy feedback is critical, enabling the private sector to shape economic decisions with practical, actionable input.
The private sector should be developed to become one of the most important growth drivers, according to Minister of Planning and Investment Nguyen Chi Dung.
Swiss broadcaster SRF has highlighted Vietnam's remarkable economic achievements, saying the country is emerging as one of the world’s fastest-growing economies.
The National Economic and Social Development Council (NESDC) has urged the Thai government to improve efficiency of government revenue collection and effectiveness of public spending as the country’s public debt is projected to reach 69.3% of gross domestic product (GDP) in 2029.
As many as 40 enterprises with capitalisation of over 1 billion USD each had been listed on the Ho Chi Minh Stock Exchange (HoSE) by the end of 2024, the bourse has announced.
Indonesia targets nearly 294.5 billion USD in exports this year to push the country’s economy towards a growth target of 8% set by President Prabowo Subianto.
The Vietnamese economy demonstrated remarkable resilience in 2024 and was estimated to achieve a growth rate of 7.09% despite global uncertainties, General Director of the General Statistics Office (GSO) Nguyen Thi Huong said on January 6.
In the dynamic global economic landscape, the asset management sector is emerging as a standout field, with rapid growth fuelled by wealthy, middle-class and high-net-worth investors, transitioning towards professional asset management models and high-tech applications.
