VOV.VN - The capital city of Hanoi has set a target of recording its gross regional domestic product (GRDP) of at least 7% in 2023.

VOV.VN - Ho Chi Minh City, the most populous and larget economic centre in Vietnam, aims to achieve Gross Regional Domestic Product (GRDP) growth of 7.5 – 8% in 2023 – a target which is equivalent to the figure recorded in previous years but lower than 2022’s gains.

Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.

Strong purchasing power and demand have created a fast and strong locomotive for economic growth, and Vietnam is forecast to record a GDP growth rate of over 8% this year, said Executive Chairman of Dragon Capital Dominic Scriven.

VOV.VN - Vietnam will likely be among Asia’s fastest growing economies next year, despite a weaker currency and falling foreign reserves, according to a recent article published on the Wall Street Journal (WSJ).

Vietnam’s economy has seen strong recovery this year, according to data from the General Statistics Office of Vietnam.

Foreign Ministry spokesperson Le Thi Thu Hang has reiterated Vietnam's consistent stance that protecting the living environment and people's health is always the top goal, without sacrificing the environment for economic growth, in response to the information that some US congressmen sent a letter of protest to the Taiwanese (China) authorities saying Vietnam's handling of the Formosa case was not satisfactory.

With just two months left until the end of 2022, enterprises have tried to find new suppliers and diversify sources of goods to develop and serve the customers after a tough year.

Effective policies applied by the Vietnamese Government have contributed to the country's positive good economic results so far this year, according to Era Dabla-Norris, Mission Chief to Vietnam and Division Chief in the International Monetary Fund (IMF)'s Asia and Pacific Department.

Vietnam’s economic growth this year is projected at nearly 8%, up 1.5-2% from the initial target, said Prime Minister Pham Minh Chinh while delivering the 2022 socio-economic performance report and 2023 socio-economic development plan at the 14th National Assembly’s fourth session in Hanoi on October 20.