The steering committee for the building of a project on the private economic sector's development convened its inaugural session on March 15 to outline the framework, objectives, and orientations of the project, which will be submitted to the Politburo.
Innovation is more than just a slogan. It is the key to unlocking Vietnam’s growth, especially in 2025, a pivotal year testing the country’s ability to achieve an economic breakthrough, according to insiders.
Singapore-based United Overseas Bank has maintained its forecast for Vietnam’s economic growth at 6% for the whole year on the back of the recovery of both domestic and foreign demand as well as production sector in the first half.
The completion of financial-budget tasks requires strong, creative and flexible efforts as well as high determination not only from the financial sector but all sectors, localities and especially people and businesses, stated Minister of Finance Ho Duc Phoc.
United Nations (UN) Secretary General Antonio Guterres expressed his impression of Vietnam's economic growth, at a working session with Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, on April 11 in New York.
Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released by the Organisation for Economic Co-operation and Development (OECD).
Effective policies applied by the Vietnamese Government have contributed to the country's positive good economic results so far this year, according to Era Dabla-Norris, Mission Chief to Vietnam and Division Chief in the International Monetary Fund (IMF)'s Asia and Pacific Department.
The forecasts by financial institutions and the world’s top credit rating agencies for Vietnam’s economic growth are grounded in solid facts, said Russia’s Sputnik radio.
Financial institutions and the world’s top credit rating agencies’ forecasts on Vietnam’s economic growth are completely founded, said Russia’s Sputnik radio.
Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.
Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8 percent in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.
US journal Borgen Magazine has run a story entitled “COVID-19 in Vietnam Declines: A Success Story” by Maggie Sun, highlighting Vietnam’s success in maintaining its safety and economic growth amidst the devastating impacts of the pandemic around the world.
The economic prospect of Vietnam is bright and the country’s economic growth story is like a “miracle”, S D Pradhan, deputy national security adviser of India, commented in a recent article run by Times of India newspaper.
Vietnam’s economic growth rate this year could reach 3.8 percent if there is no new COVID-19 outbreak in the second half of the year and economic activities gradually resume, the Vietnam Institute for Economic and Policy Research (VERP) has predicted.
Despite the impact of the COVID-19 pandemic, the retail market in Việt Nam in the first quarter of this year still recorded positive results from e-commerce, online shopping and delivery services.
Vietnam has been named one of the rising stars of global trade with the sixth position among the top 20 markets with the greatest potential for future trade growth, according to a recent report by Standard Chartered.
The Asian Development Bank (ADB) has predicted that Vietnam’s economy will maintain healthy growth in 2019 and 2020 at 6.8 percent and 6.7 percent, respectively, after growing robustly at 7.1 percent last year.
Vietnam's private consumption growth will remain strong, supported by improvements in the labour market as youth unemployment falls, minimum wages grow and lower inflation levels prevail, experts forecast.