Vietnam’s economy is expected to grow at 6.6 percent in 2019 after strong growth of 7.1 percent in 2018 with inflation contained below the authorities’ target of 4 percent, according to the 2018 Annual Consultation Report on Vietnam
Vietnam’s GDP growth in 2019 is expected to be sustained by continued strong growth in manufacturing and services after robust growth in 2018.
Lao PDR’s growth remains resilient, and given its expanding linkages to global value chains and financial markets, maintaining macroeconomic stability amid the challenging environment should be the top priority.
he 2019 Annual Consultation Report on Lao PDR provides an assessment of the state of the Lao PDR economy in 2019, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendations.
Technology is transforming regional economies, forcing both the public and private sectors in the ASEAN+3 region to change their mindsets and business models to adapt to the new ecosystem.
Thailand’s economy is slowing down due to a decline in exports amid U.S.-China trade tensions, as well as the slowdown in private investment.
The ASEAN+3 region is eager to adopt new technology and embrace the digital revolution, which will help regional economies progress in their development paths. This was highlighted by a discussion panel at the seminar on “Building Capacity and Connectivity for the New Economy” co-organized by the ASEAN+3 Macroeconomic Research Office (AMRO) and Malaysian Economic Association (MEA) in Kuala Lumpur on August 6, 2019. This seminar is part of AMRO’s outreach program to introduce key findings of its flagship report, the ASEAN+3 Regional Economic Outlook (AREO) 2019, which was published in early May. It attracted an audience of 120 participants from both the public and private sectors, and the media.
AMRO staff met with top officials from the Hong Kong Monetary Authority (HKMA) during its Annual Consultation Visit to Hong Kong from July 29 to August 2, 2019. From left…
After the global financial crisis, economic inequality has been worsening throughout the world. In 2018, it was reported that the world’s richest 1% owns about one half of the world’s wealth, according to The Credit Suisse Research Institute’s Global Wealth Report 2018.
Investor sentiment improved as global stock markets rallied and volatility receded following the easing in U.S.-China trade tensions, and supported by the accommodative tone of major central banks.
