Despite struggling to cope with a COVID-19 resurgence, Ho Chi Minh City managed to achieve positive economic growth in the first seven months of the year, according to the city Statistics Office.

Public investment will focus on important and key industries and sectors of the economy, of which economic sectors account for more than 71%.

Ngo Dang Khoa, country director of foreign exchange and capital markets at HSBC Vietnam, has suggested three challenges that the Vietnamese economy would face in the second half of this year.

Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said.

Vietnam wants to become a bridge to help the International Organisation of La Francophonie (OIF) enhance its role in the region and develop for the sake of peace and stability, Vietnamese Representative of the State President to the Permanent Council of the Francophonie (CPF) Dinh Toan Thang said.

The disbursement of public investment must be sped up in the second half of this year as an important solution to accelerate economic growth amid the COVID-19 pandemic, according to the Ministry of Planning and Investment.

The Ministry of Planning and Investment (MoPI) has devised two growth scenarios for the second half of 2021, said Deputy Minister Tran Quoc Phuong.

VOV.VN - Deputy Prime Minister Pham Binh Minh chaired a webinar on June 30 with the US business community to share visions, initiatives, and solutions to promote the extensive development of ties, as well as support in economic recovery and development following the COVID-19 pandemic.

Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.

The Vietnamese Government has responded swiftly to the COVID-19 economic impacts, which was supported by strong fundamentals, thus ensuring the economy’s resilience, said Asian Development Bank (ADB) Country Director for Vietnam Andrew Jeffries.