Despite complicated developments of the COVID-19 pandemic, Vietnam is still chosen by many foreign investors as a destination to build production bases, especially in the electronics industry, according to Fitch Solutions.

VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.

Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.

The rate is even higher than the 7.1% year-on-year growth from a pre-COVID-19 environment in 2019.

Vietnam’s real GDP would grow by 2.6% in 2020 and hit an 8.2% rebound next year, Fitch Solutions has forecast.

VOV.VN - The Vietnamese Government's continued support of the local pharmaceutical industry will remain steadfast, according to a report released by Fitch Solutions, a macro research unit of Fitch Group.

Vietnam’s current account surplus could narrow to 3.7% in 2020 from 4.9% last year due to the impacts of the COVID-19 pandemic, according to Fitch Solutions.