With 2024 nearing its end, Việt Nam''s GDP growth is set to surpass the 7 per cent target, driven by efforts from ministries and sectors, says Deputy Minister of Planning and Investment Trần Quốc Phương.
In its Asia Development Outlook report, the Asian Development Bank (ADB) raised the growth rate forecast of Việt Nam to 6.4 per cent in 2024 and 6.6 per cent in 2025.
Việt Nam must continue to innovate its growth model by focusing on high technology, supporting innovative startups, and transitioning to a green economy, experts said.
A fundamental issue in Việt Nam which needs to be overcome to ensure healthy and sustainable growth is the underdevelopment of the institutional investor base.
Many bright spots were seen in the economic panorama in the first seven months of this year thanks to the Government’s continuous efforts to remove difficulties for businesses and promote economic growth.
The Ministry of Planning and Investment has provided s for economic growth scenarios in the second half of this year, in which the Vietnamese economy could beat forecasts and expand at 7 per cent for the full year.
Hà Nội''s gross regional domestic product (GRDP) in the first half expanded by 6 per cent compared to the 5.86 per cent growth in the same period last year.
Việt Nam''s economic growth might decelerate in the second half compared to that in the first half, with several supportive factors expected to sustain the overall growth outlook, according to the a report released by the Singaporean-based United Overseas Bank...
Việt Nam’s 2024 economic growth target of 6.5 per cent is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy
Singapore - based United Overseas Bank (UOB) has projected the economic growth rate of Việt Nam at 6 per cent in the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese...
In 2023, 77 per cent of local small businesses grew, well above the survey average of 60 per cent, and outperforming all but two of the 11 markets included in the Asia-Pacific Small Business Survey.