Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4% in the first half of this year.
Vice Chairman of the Da Nang People’s Committee Ho Ky Minh hosted a reception for Country Director for Vietnam at the Asian Development Bank (ADB) Shantanu Chakraborty on November 28.
Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.
Despite headwinds, Vietnam has managed to show strong performance in the first nine months of this year, posting a gross domestic product (GDP) growth of 4.24%, said Deputy Minister of Planning and Investment Tran Quoc Phuong at a seminar in Hanoi on October 5.
Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.
The Asian Development Bank (ADB) is committed to quickly and effectively implement its Country Partnership Strategy (CPS) for Vietnam and accompany the country in its development process, new Country Director for Vietnam Shantanu Chakraborty has affirmed.