VOV.VN - Extending economic policies, finding fresh directions for exports, and promoting domestic consumption are the solutions that exist for the nation to overcome "headwinds", according to information given by economic experts.

VOV.VN -With a population of more than 100 million people, of which the middle class is considered to stand at a high level of 20%, Vietnam truly boasts potential and strengths for goods consumption and service development.

VOV.VN - Exports are one of the three important pillars of economic growth alongside investment and consumption, with these recording double-digit negative growth since the first quarter of the year, with a fall of up to 11.9% compared to the same period from last year.

All the three economic growth drivers of investment, export, and consumption have good opportunities in 2024, Deputy Minister of Planning and Investment Tran Quoc Phuong told the Government’s regular press conference on December 6.

VOV.VN - Vietnam Grand Sale 2023 will be launched nationwide from December 4, 2023 to January 10, 2024 in an effort to stimulate greater consumer demand and boost production, further contributing to the country’s economic recovery, a press briefing heard in Hanoi on November 29.

VOV.VN - The Government has requested that the National Assembly extend the value added tax (VAT) cut on a selected number of product and service lines next year in an attempt to support business operations and fuel further market consumption amid economic difficulties.

VOV.VN - Vietnam maintained a positive trade balance of US$3 billion in October, raising the country’s total trade surplus during January – October 2023 to more than US$24.6 billion, the highest in five years.

Business transition in adaptation to a low-carbon consumption trend is inevitable for Vietnamese exporters who, in turn, should consider it a great opportunity to form relevant long-term visions and investments.

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.

The recent decline in Vietnam’s automobile consumption and its drop to the fifth place in Southeast Asia can be attributed to both external and internal factors, car experts said.