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3 Min Read TOKYO (Reuters) - The International Monetary Fund offered a more upbeat view on Tuesday on Asia’s economic outlook than six months ago, but warned a faster-than-expected rise in U.S. interest rates could disrupt markets by triggering capital outflows from the region. FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo While Asia is rebounding from last year’s slump caused by the COVID-19 pandemic, there is a divergence betwee...

Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.

Thursday, 13:24, 06/05/2021 Vietnam will record positive economic growth in 2021, at around 6-7%, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign. The Southeast Asian country needs to lay a foundation for strong growth in the mid-term, including ensuring sufficient revenue resources for infrastructure development and implementation of public investment, Jonathan Ostry, Deputy Director of the Asia and Pacific Department of the International Monetary Fund (IMF) stressed. It is necessary for the nation to ensure...

Crafting specific measures to ensure top-quality growth 09:34 | 29/04/2021 Despite numerous obstacles caused by global supply disruptions due to the prolonged health crisis, the Vietnamese economy continues to stride forward. Jonathan Ostry, deputy director of the International Monetary Fund’s Asia and Pacific Department, talked with VIR’s Thanh Tung about how the country can further improve its growth quality to ensure sustainable development. Jonathan Ostry, deputy director of the International Monetary Fund’s Asia and Pacific Department The Vi...

Finance　Minister　Hong　Nam-ki　(on　right),　IMF　Korea　mission　chief　Andreas　Bauer　(on　screen)　and　Ahn　Do-geol,　second　vice　finance　minister　(on　left)　during　a　virtual　conference　in　January　2021　after　annual　consultations South Korea needs to closely monitor government spending to avoid a future debt explosion given its rapidly aging population, according to a senior International Monetary Fund (IMF) official on Apr. 14. The country's strong fundamentals, including a robust manufacturing sector and a quality labor force, will keep th...