The Lao Journalists Association’s website laophattananews.com has recently published an article praising Vietnam’s experiences for good economic growth in the context of global downturn.
VOV.VN - The Vietnamese economy will continue to expand vigorously in 2023 on the back of its strong recovery in the previous year, according to Standard Chartered.
VOV.VN - Last year saw the local economy overcome unprecedented fluctuations caused by the COVID-19 pandemic, political conflicts, and a global economic crisis, although it was able to recover strongly, thereby becoming a bright spot for the regional and global economy.
Executive Chairman of the China-ASEAN Business Council and Chairman of the RCEP Industry Cooperation Committee Xu Ningning has hailed Vietnam as one of the fastest growing economies in ASEAN in 2022.
The Singapore-based United Overseas Bank (UOB) has kept its forecast for Vietnam's GDP growth in 2023 unchanged at 6.6% in line with the official forecast of 6.5%, although growth momentum is likely to be weaker.
Facing a range of difficulties and challenges last year, Hanoi has realised and even exceeded all 22 of its socio-economic targets, Secretary of the municipal Party Committee Dinh Tien Dung told the Vietnam News Agency (VNA) in a recent interview.
VOV.VN -Vietnam has successfully weathered the COVID-19 crisis and overcome other global challenges to write its own success story in 2022, with GDP growth recorded at 8.03% and inflation controlled at 3.15%.
Revenue from retail sales of goods and services totalled about VND515.8 trillion (US$21.87 billion) in December and over VND1.54 quadrillion (US$65.3 billion) in the fourth quarter of 2022, a year on year rise of 17.1%, reported the General Statistics Office (GSO).
Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.
Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.