Reports

Report | 23 July, 2021

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 first half of 2021, China has seen an economic growth of 12.7% (YoY), making the annual target of 6% highly reachable. Download Economic Update Report

Report | 17 May, 2021

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 gradually bouncing back from the pandemic. Download Economic Update Report

Report | 05 May, 2021

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 of 2021, slightly falling behind the forecast of 5.12%. Download Economic Update Report

Report | 28 April, 2021

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 staggering 18.3% GDP growth in the first three months of 2021 (YoY). Download Economic Update Report

Report | 10 March, 2021

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 clear indication of economic improvement. Download Economic Update Report

Report | 17 February, 2021

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 growth of 2.91% – a remarkable economic achievement in a year affected by COVID-19. Download Economic Update Report

Report | 29 January, 2021

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 of the same quarter. Download Economic Update Report

Report | 19 November, 2020

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 programs. Download Economic Update Report

Report | 03 November, 2020

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 it the only country in Asia besides China set for economic growth in 2020. Download Economic Update Report

Report | 26 October, 2020

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 second consecutive quarter, China’s economy shows strengthening signs. Download Economic Update Report

Report | 12 August, 2020

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 economy to achieve positive economic growth amid the COVID-19 pandemic, and succeeding. Download Economic Update Report

Report | 12 August, 2020

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 situation is improving, it has left millions out of work and forcing businesses into bankruptcy, hitting the economy hard. Download Economic Update Report

Report | 21 July, 2020

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, however still maintaining a positive growth. Download Economic Update Report

Report | 16 July, 2020

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 at its slowest rate in nearly three decades. Download Economic Update Report

Report | 12 May, 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 economic expansion during the first quarter of 2020. Download Economic Update Report

Report | 09 May, 2020

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 in an immense drop compared to the same period last year. Download Economic Update Report

Report | 08 May, 2020

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 and retail. Download Economic Update Report

Report | 20 February, 2020

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 the 5% mark for the first time since Q4 2016. Download Economic Update Report

Report | 17 February, 2020

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 low. However, at the end of the year, there were signs of improvement, as the tension in the US-China trade war eased. Download Economic Update Report

Vietnam's economy slowed in Q4 but maintained a 7% growth rate for the full year 2019

Report | 06 February, 2020

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