As the room for the fiscal policy remains quite large, Vietnam in 2024 should continue to pursue the counter-cyclical fiscal policy, with a focus on increasing spending and maximising tax and fee exemption and reduction, to support economic growth, experts believe.
The domestic logistics sector has made big strides over the past time, significantly contributing to national economic growth and generating jobs for labourers.
VOV.VN - The northern port city of Hai Phong, the largest of its kind in Northern Vietnam, has unveiled its development planning for 2021-2030 with a vision to 2050, aiming to become a typical city of Asia by 2030.
Many international financial institutions have expressed their optimism about Vietnam’s GDP growth, and shared the view that it would reach at least 6% this year.
The forecast for 2024 indicates that consumer demand will continue to be a primary contributor to Vietnam's economic growth, in addition to the ripple effects of public investment and exports.
VOV.VN - Vietnam secured a GDP growth rate of 5.05% in 2023, but many of its localities obtained much higher growth than the national average. Let’s have a look at the top 10 localities with high growth in the country last year.
VOV.VN - Vietnam needs to pool all resources and bring into full play growth drivers in 2024 to meet the Government set target of achieving a GDP growth rate of 6-6.5%, said experts.
The sales index of the processing and manufacturing sector in December 2023 rose 3.1% month-on-month and 5.1% year-on-year, according to the Ministry of Industry and Trade (MoIT).
The Vietnamese market is expected to welcome 230,500 more enterprises, both newly established and those resuming operations, in 2024, according to the General Statistics Office (GSO).
VOV.VN - The investor community, businesses, and people enter 2024 with greater expectations about economic recovery and promoting growth to help the national economy make a breakthrough in the time ahead.