The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.
According to the General Statistics Office (GSO), Việt Nam secured US$38.23 billion in FDI last year, positioning itself among the top 15 developing countries for FDI inflows. Notably, the disbursement of FDI capital hit a record high of $25.35 billion,...
Australia’s East Asia Forum commended Vietnam as an economic development model, crediting the new leadership for pushing hi-tech innovation, mega infrastructure and institutional reforms.
HSBC Global Research latest report, on February 11, titled ''Vietnam at a glance - Let’s talk capital'' highlighted Việt Nam''s potential for being upgraded to emerging market status this year.
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.