11.2 Vietnam Elevator Sales (Unit) Forecast by Type (2019-2025) 77. The "Vietnam Cloud Service Market, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.. Accordingly, Vietnam's GDP growth rate will reach about 7 per cent per year during the period. Thailand’s GDP is expected to grow by 3.0% in 2021 and 4.5% in 2022 – ADO 2021 Thailand's inflation rates forecasted at 1.1% in 2021 and 1.0% in 2022 – ADO 2021 Per capita GDP growth for Thailand is expected at 2.5% in 2021 and 4.0% in 2022 – ADB Report The Vietnam paper packaging market is expected to grow at a CAGR of 4.7% during the forecast period 2020 to 2025. Accordingly, Vietnam continues to be the only country in Southeast Asia that is forecast to see positive growth this year, at 1.6%, and 6.7% by 2021. Vietnam’s inflation rate is forecast to be 3.2 percent, lower than the 4 percent target set for the year, the report said. According to the latest forecast from the National Center for Socio-Economic Information and Forecasting (NCIF), Vietnam’s economic growth is projected at 6.17 percent in 2021 in a baseline scenario and may even reach 6.72 percent in the... 04/07/2021. Internet economy as percent of GDP. 3. Dang Duc Anh, deputy director of the NCIF, said that NCIF formulated two economic growth forecasts for 2021-2025. Vietnam is experiencing rapid demographic and social change. November 10, 2020. Vietnam Air Conditioners Market Review 2015-2019, with Estimations for 2020 and Forecasts Over 2021-2025 The government targets annual GDP growth of 7 percent from 2021 to 2025 to make up for the slowdown caused by the Covid-19 pandemic. The "Vietnam Cloud Service Market, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.. However, we believe that the economy’s upward growth trajectory remains intact, and even at our revised 7% growth forecast, the recovery will be robust. Vietnam Probiotics Market is expected to grow at a compound annual growth rate of 10.10% over the forecast period to reach a market size of US$144.085 million in 2025 from US$80.890 million in 2019. However, we believe that the economy’s upward growth trajectory remains intact, and even at our revised 7% growth forecast, the recovery will be robust. “Vietnam’s Q1 GDP print may have partly dampened the optimism regarding its economic recovery in 2021. Vietnam registers inflation again in February. 10.3 Economic/Political Environmental Change 66. Figure 28: Vietnam’s GDP per capita, 2015-2025. Food & Grocery Retail in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 14 Market Forecast - By Regions 14.1 North America Marble and Granite Slabs Market Forecast (2020-2025) 14.2 Europe Marble and Granite Slabs Market Forecast (2020-2025… The 2021-2025 five-year plan is targeting an average budget deficit of 3.7% of GDP, which is above the 3.0% average that we at Fitch Solutions estimated from 2016-2020. Oil & Gas in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). Vietnam Air Conditioners Industry 2020-2025: Assessment of the $2.9 Billion-Projected Market. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. The agency attributed stronger projection for 2020 to the upward impetus from better-than-anticipated second quarter GDP outturns (mostly in advanced economies) versus the downdraft from persistent social distancing and stalled reopenings in the second half of the … April 7, 2017 June 15, 2007 by Brian Wang. Similar values. Banks in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). In the table below, countries are ranked by the gross domestic product measured in purchasing power parities (PPP) at current prices. 11.1 Vietnam Elevator Sales (Unit), Revenue (M USD) Forecast (2019-2025) 75. Minister of Planning and Investment Nguyen Chi Dung addressed the government’s five-year socio-economic plan at a sitting of the National Assembly (NA) today [July 22]. "Annual gross merchandise volume (GMV) of the internet economy in Vietnam in 2015 and 2019, with a forecast for 2020 and 2025 (in billion U.S. Vietnam is part of the Association of Southeast Asian Nations (ASEAN), which encompasses regional nations with the goal of fostering trade and economic growth. The region has been reporting increasing GDP, amounting to 2.9 trillion U.S. dollars in 2018. Email Gross domestic product is the most commonly used single measure of a country's overall economic activity. We maintain our forecast that inflation will be lower in 2021 than in 2020, despite rising commodity prices. The economy is expected to stay stable, with inflation at 3.5-4.5 per cent per year. Displaying 1-10 of 452 articles move back one go to last. Vietnam targets an average GDP growth of 6.5-7% in the 2021-2025 period as the country continues to set eyes on rapid and sustainable economic … Regarding the outlook, Dhiraj Nim and Khoon Goh, economists at ANZ, commented: “Vietnam’s Q1 GDP print may have partly dampened the optimism regarding its economic recovery in 2021. Goldman Sachs recently forecast that Vietnam's economy, which currently ranks 55th in the world, will be ranked 17th in 2025 with total gross domestic product (GDP) rising from … Vietnam $7.32 Billion Internet of Things Market, Competition, Forecast & Opportunities, 2025 – ResearchAndMarkets.com Posted on 01/15/2021 16229 August 07, 2020 10:23 ET | Source: Research and Markets. None. Aggregates. The National Center for Socio-Economic Information and Forecast, an arm of the Ministry of Planning and Investment, has drawn up two scenarios for the country’s economic development in the 2021-2025 period. Displaying 1-10 of 454 articles move back one go to last. ASEAN's GDP is forecast to increase from $2.4 Trillion in 2015 to $5.2 Trillion in 2025, largely due to the ongoing implementation of the AEC. 10 Vietnam Healthcare Competitive Landscape 10.1 Major Vietnam companies operating in Healthcare Industry 10.2 Business and SWOT Profile- Company A 10.2.1 Snapshot Private sector to foster as key propellant for 2021-2025 economic growth. In recent years, Vietnam successfully reversed the rapid rise in public and publicly guaranteed debt, which declined to 55.6 percent of GDP at end-2018, down 4 points of GDP from its 2016 peak. As per LogisticsIQ™ latest post-pandemic market report, Warehouse Automation Market was valued at USD ~15 billion in 2019 and is expected to be worth USD ~30 billion by 2026, at a CAGR of ~14% during the forecast period. 9 Vietnam Economic Outlook, 2019- 2025 9.1 GDP Outlook,2005- 2025 9.2 GDP Per Capita Outlook, 2005- 2025 9.3 Household Disposable Income, 2005- 2025 9.4 Population Forecast, 2005- 2025. Viet Nam's GDP growth is expected at 6.7% in 2021 and 7.0% in 2022 – ADO 2021 Viet Nam's inflation rates forecasted at 3.8% in 2021 and 4.0% in 2022 – ADO 2021 Per capita GDP growth for Viet Nam is expected at 5.4% in 2021 and 5.6% in 2022 – ADB Report Same region. Figure 29: Vietnam’s Gross Domestic Product (Current US$ Billion), 2015-2025. The National Center for Socioeconomic Information and Forecast has drawn up two scenarios for the country’s economic development in the 2021-2025 period. Brian Wang. The Vietnam self-storage market is expected to grow at 4.1% CAGR during the forecast period of 2020-2025. We maintain our forecast that large-scale vaccination will only be complete in the second quarter of 2022. In the first scenario, which was considered the most feasible, Vietnam’s GDP may expand by 7%. The current population of Vietnam (or Viet Nam) is 98,257,358 as of Wednesday, July 21, 2021, based on Worldometer elaboration of the latest United Nations data. Vietnam targets average GDP growth of 6.5-7% in 5 years Vietnam is expected to move to a group of upper-middle-income countries by 2025. The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050 UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively Forecast Period: 2021-2025 Key Topics Covered: 1. GDP growth (annual %) - Vietnam. License : CC BY-4.0. Viet Nam's economy in the medium term 2021-2025: Recovery and growth accelerates. Latest research on Vietnam Prefabricated Buildings Market report covers forecast and analysis on a worldwide, regional and country level. Vietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Vietnam’s GDP growth is projected to reach 7% per year from 2021-2025. For 2021, the government is targeting economic growth at 6.5 percent. Food & Grocery Retail in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). Vietnam plans to roll out its local vaccination programme. Vietnam internet of things market stood at USD 2022.21 Million in 2019 and is projected to grow at a CAGR of around 24.03 % to reach USD 7321.92 Million by 2025. U.S GDP per capia incone: 63,690, germany:54,560, china:18,170. china as the second largest economy per capita income is 72% less than the world largest economy, the U.S., if one were to compare these two countries. The IMF’s mid-term projections for 2025 show Cambodia outpacing its peers with growth forecast at 6.9 percent, making the country the region’s fastest growing economy. Nominal gross domestic product (GDP) is GDP given in current prices, without adjustment for inflation. Vietnam Data Center (Corporate and Web Hosting) Market Forecast & Opportunities, 2021-2025: Focus on IT Infrastructure, Electrical Infrastructure, … The increasing demand for automobiles, growing consumers awareness for safety & comfort features in automobiles and the growing demand for vehicle electrification is projected to aid the growth of the automotive PCB market in the country. … Growth in the market is expected on account of rising demand for economical and personal transportation coupled with expanding population base and rising per capita income of consumers in the region. Telecommunication Services in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). In the next five years, Vietnam’s GDP is set to grow by 6-7 percent annually, compared to Singapore’s 2-5 percent. Hanoi (VNA) – Vietnam’s gross domestic product (GDP) is forecast to expand 7 percent during 2021-2025 on the back of new-generation free trade agreements, according to the Ministry of Planning and Investment’s National Centre for Socio-Economic Information and Forecast (NCEIF). ... GDP growth forecast for the UK 2021-2025; ... Average CPI growth rate Vietnam … The "Vietnam Automotive PCB Market, 2025" report has been added to ResearchAndMarkets.com's offering.. Dublin, IRELAND. The World Bank had earlier this month forecast Vietnam to grow at 4.9 percent this year (Photo: Bizlive) The budget deficit is projected to decline to 4.2 percent in 2020 (2.6 percent, when extrabudgetary funds are included. The government’s commitment to private-sector–led growth has helped improve the business climate. The region’s share of internet economy in the GDP rose from 1.5 percent in 2015 to 2.8 percent in 2018. According to the latest forecast from the National Center for Socio-Economic Information and Forecasting (NCIF), Vietnam’s economic growth is projected at 6.17 percent in 2021 in a baseline scenario and may even reach 6.72 percent in the... 04/07/2021. Viet Nam's economy in the medium term 2021-2025: Recovery and growth accelerates. The internet economy in Vietnam is predicted to grow at a CAGR of 25 percent between 2015 and 2025, By 2025, it is forecast to reach eight percent. Research and Markets. 1.2 Vietnam Households 1.3 Vietnam's GDP ... 4.2 Mobile Revenue Historical and Forecast, 2014-2025 4.2.1 Historical Vietnam Mobile Service Revenue, 2014-2019 At Fitch Solutions, we retain our forecast for Vietnam’s credit growth at 14.0% for 2021. In recent years, Vietnam successfully reversed the rapid rise in public and publicly guaranteed debt, which declined to 55.6 percent of GDP at end-2018, down 4 points of GDP from its 2016 peak. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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