2023

Indonesia’s GDP growth reaches 5.03% in Q1 2023
Fueled by domestic consumption and a positive trade balance, Indonesia’s GDP has maintained a strong performance with a 5.03% YoY ...

China’s GDP picked up to 4.5% YoY in Q1 2023
Recovering from the Covid-19 curbs, in the first quarter, China’s GDP grew by 4.5% year-on-year, 1.6 percentage points higher than ...

Vietnam’s GDP inched up by 3.32% year-on-year in the first quarter of 2023
2023’s first quarter growth of 3.32% year-on-year (YoY) is the second to worst recorded first quarter growth since 2011, only ...

Investment Outlook Report: Indonesia, 2023
With its natural resources, stable economy, and favorable demography, Indonesia serves as an attractive destination for investment and has continued ...

Investment Outlook Report: Vietnam, 2023
Vietnam has continued to be an attractive destination for foreign investments. The country’s investor-friendly policies and strong economic growth in ...

Investment Outlook Report: China, 2023
China continued to increase foreign direct investment (FDI) in 2022, although at a slower pace than in 2021. The country’s ...
2022

Indonesia hit 9-year high with a 5.31% GDP growth in 2022, beating the preceding year’s 3.71%
Fueled by strong domestic purchasing power and booming exports, Indonesia’s GDP continue to outpace the previous year with 5.31% YoY ...

China’s GDP slowed to 2.9% (YoY) in Q4 2022
China's economy experienced ups and downs in 2022 due to the unstable Covid policy. The economy grew by 2.9% (YoY) ...

Vietnam’s GDP grew at a rate of 8% in 2022, the highest in 11 years
Vietnam’s GDP rose by 8% in 2022, the highest in 11 years. However, relatively low growth in December and a ...

Indonesia’s GDP grew by 5.72% in Q3, further recovering from last year’s downturn
Indonesia continues to record GDP growth in the July – September period, again beating previous quarters. Yet growth is slightly ...

China’s GDP grew by 3.9% (YoY) in Q3 2022
Aided by various government measures, especially the easing of COVID-19 restrictions, China’s GDP advanced 3.9% year-on-year in Q3 2022, surpassing ...

Vietnam’s GDP grew 13.67% (YoY) in the third quarter of 2022
Vietnam's GDP grew at 13.67% (YoY) in the third quarter of 2022, largely helped by a rebound in the manufacturing ...

Indonesia’s GDP grew 5.44% (YoY) in Q2, beating analysts’ expectations
Beating the forecasted 5.17% growth, Indonesia’s GDP grew by 5.44% in the second quarter of the year, the fastest increase ...

China’s GDP slowed sharply to 0.4% (YoY) in Q2 following lockdowns and global inflation
China’s GDP declined sharply in Q2 to 0.4% (YoY). Apart from the first quarter of 2020 during the initial covid ...

Vietnam’s GDP grew 7.72% (YoY) in the second quarter of 2022, the highest in 10 years
Vietnam's GDP grew at 7.72% (YoY) in the second quarter of 2022, the highest rate for the same quarter since ...

Indonesia’s GDP grows 5.01% in Q1 2022, fueled by a boom in exports
Indonesia's economic growth remained stable in Q1 2022, as COVID-19 restrictions were further loosened. The recovery in consumption, investment, and ...

China’s GDP grew 4.8% year-on-year in Q1, 2022, beating previous expectations
Despite lengthy COVID lockdowns in March in key regions such as Shanghai, data released by the Chinese National Bureau of ...

Vietnam’s GDP eased to 5.03% (YoY) growth in the first quarter of 2022
GDP growth of Vietnam slightly dipped to 5.03% (YoY) in Quarter 1 2022, slowing from the 5.2% growth registered the ...

Investment Outlook Report: Indonesia, 2022
Indonesia provides an attractive destination for investments thanks to its natural resources, strategic location, and large population. In the past ...

Investment Outlook Report: China, 2022
Despite a year with economic and financial tensions, and a plethora of restrictions on foreign technology transfers to China, the ...

Investment Outlook Report: Vietnam, 2022
Vietnam is a strong candidate for foreign investors from across the world. Its investor-friendly policies, extensive network of Foreign Trade ...
2021

India’s economy grew by 5.4% in the October-December quarter of 2021
India registered the fifth consecutive quarter of positive growth in the third quarter of FY22. The GDP grew by 5.4%, ...

India’s economy recovered with a 8.4% growth in Q2 FY22, as the pandemic situation improved
India’s economy accelerated in the July-September quarter of 2021, as GDP growth reached 8.4% YoY. The drop in new Covid-19 ...

Indonesia registered a 3.69% GDP growth in 2021, compared to the year before
Powered by the recovering domestic demand, a further easing of COVID-19 curbs, and the global commodity boom, Indonesia’s GDP growth ...

China’s economic growth slowed to 4% in Q4 2021, reaching 8.1% in growth for the whole year
China’s economy slowed down in Quarter 4 of 2021, as gross domestic product growth came in at 4% (YoY). The ...

Vietnam’s GDP rebounded sharply in Q4 2021, as factory activities accelerated
Vietnam’s GDP grew by 5.22% (YoY) in Q4, 2021, thanks to eased COVID-19 restrictions and the recovering of economic activities ...

Affected by COVID-19, India still set a record for FDI flows in April-June 2021
Even as a second wave of COVID-19 struck the country, India's economy got back on track in the April-June quarter, ...

Indonesia witnessed a drop in GDP growth to 3.51% (YoY) in Quarter 3, 2021
As harsh lockdowns to contain COVID-19 spikes outweighed the effect of higher commodity prices and trade, Indonesia’s GDP only recorded ...

Vietnam’s GDP slumped to 6.17% (YoY) in Q3 following COVID-19 curbs
Vietnam’s GDP growth slumped to 6.17% (YoY) in the third quarter of 2021, marking the first decline since 2000. The ...

China’s economy grew 4.9% in Q3 2021, the slowest growth rate in a year
China’s economy decelerated in the third quarter of 2021, as gross domestic product growth came in at 4.9% (YoY). Zero-tolerance ...

Indonesia’s economy recorded the strongest growth in more than a decade in Q2
In the second quarter of the year, Indonesia pulled out of the COVID driven recession, and recorded its strongest quarterly ...

Vietnam’s GDP increased by 6.61%% in Q2 2021, indicating the nation’s economic recovery
Despite the complications of the pandemic in the past few months, Vietnam’s economy witnessed a 6.61% GDP growth in the ...

China recorded a 7.9% GDP growth in Q2 2021, slightly short of a predicted 8.1% increase
With an economic growth powered by strong exports and industrial production, China logged a 7.9% GDP growth (YoY). During the ...

Indonesia experienced a 0.74% GDP decline in Q1 2021
This latest data is a part of a series of diminishing contractions since Q2 2020, implying that Indonesia’s economy is ...

Vietnam’s GDP grew by 4.48% in Q1 2021, underpinned by robust export
As the country gradually returns to normal conditions, Vietnam recorded a 4.48% GDP growth (YoY) in the first three months ...

China’s consumption surges during 2021 Spring Festival
In a successful attempt to recover from previous year’s battle with COVID-19, China’s investments in economic activities resulted in a ...
2020

Indonesia president Jokowi signs controversial bill to create one million jobs
Indonesia’s economic performance gradually recovered in Q4 2020, with contraction 2.07% (YoY). Compared to previous quarter, the contraction is a ...

Vietnam’s economy accelerated in Q4 thanks to recovering manufacturing
With a drastic growth in manufacturing, Vietnam’s GDP rose by 4.48% (YoY) in Q4 2020, resulting in an annual GDP ...

China’s luxury market booms despite COVID-19
As the world continues to battle COVID-19, China’s economy showed exceptional strength in Q4 2020, even surpassing last year’s figure ...

Indonesia’s economy shows strengthening signs despite economic contraction in Q3
The Indonesian economy showed signs of recovery from its deep shrinkage in the second quarter thanks to the government’s support ...

Vietnam’s economy grows in Q3 2020 compared to previous year
Due to rising manufacturing and exports, Vietnam’s GDP expanded by 2.62% (YoY) in the third quarter of the year, making ...

China’s economic recovery gains more momentum in Q3 as it grows 4.9%
China is striving to make its way out of the economic recession caused by the global Corona pandemic. For the ...

China’s economy shows signs of recovery as the GDP grows 3.2% in Q2
After the GDP contraction of 6.8% in the first quarter of 2020, China has strived to become the first major ...

Indonesia’s economy suffers sharp downturn in Q2 due to COVID-19
In 2020 Q2, Indonesia witnessed its biggest economic contraction since the Asian financial crisis in 1998. Even though the COVID-19 ...

Vietnam’s economy expanded slightly in Q2 2020 despite COVID-19 pandemic
Due to COVID-19 containment measures, such as social distancing and border closure, Vietnam’s economic expansion slowed down in Q2 2020, ...

Indonesia’s first quarter sees weakest economic expansion since 2001
Due to the coronavirus outbreak, many economic activities have been put on hold in Indonesia, leading to a two-decade low ...

China’s economy shrank by 6.8% in the first quarter as the country battled pandemic
Following the declining economic growth of 2019, China’s economy was heavily hit by the coronavirus pandemic in Q1 2020, resulting ...

Vietnam’s economic growth hits ten-year low after coronavirus outbreak
Unsurprisingly, the coronavirus had a heavy impact on Vietnam’s economic growth as the outbreak hurt key industries such as tourism ...
2019

China’s economy grows at its slowest rate in nearly three decades
As a consequence of cooling domestic demand and continuous tension of the U.S. – China trade war, China’s economy expanded ...

Indonesia’s economic expansion disappoints in Q4 2019 with growth rate hitting three-year low
In the last quarter of the year, Indonesia’s economic expansion came in weak, as the Q4 growth rate fell below ...

China’s economy grew by 6.1% in 2019, the lowest annual growth rate in 29 years
In Q4, China’s economy saw its weakest growth in nearly three decades, as both the domestic and global demand remained ...

Vietnam’s economy slowed in Q4 but maintained a 7% growth rate for the full year 2019
Despite benefiting from the trade tensions between the US and China over the past year, Vietnam’s economy saw a slowdown ...

Indonesia’s growth was almost unchanged in the third quarter
The economic growth of Indonesia in the third quarter of 2019 rose by 5.02%, a minimum decrease from the 5.05% ...

China’s economy grows at its slowest rate in nearly three decades
As a consequence of cooling domestic demand and continuous tension of the U.S. – China trade war, China’s economy expanded ...

Vietnam’s economy maintains high growth in the third quarter
The Vietnamese economy rose 7.31% in the third quarter YoY, manufacturing, and exports being the main drivers of the economic ...

China’s economy continues to face headwinds during the second quarter
The Chinese economy slowed to the weakest growth rate in 27 years. The real GDP slowed to 6.2% in the ...

China’s Economic Growth in 2019 Q1 Beat Expectation
The Chinese economy continued to show no signs of a slowdown, despite of the ongoing trade war with the United ...