There is still significant room for stronger reforms to create a more favourable business environment and make Vietnam among countries with the best business environment in ASEAN, according to the Vietnam Chamber of Commerce and Industry (VCCI).

VOV.VN - Prime Minister Nguyen Xuan Phuc has recently issued a master plan aimed at improving productivity based on utilising science, technology, and innovation for the 2021 to 2030 period, under which the annual target for average labour productivity is expected to surge by over 7.5 % by 2030.

VOV.VN - Rusvesna, an online Russian newspaper, published an article on January 11 highlighting impressive Vietnamese achievements in terms of economic development, poverty reduction, and epidemic prevention, in addition to implementing the Party’s foreign policy.

Vietnam has prepared the best conditions to spur its economic growth as the global economy is grappling with the severe impacts of the COVID-19 pandemic, experts have said.

Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.

The disbursement of public investment was estimated at VND398 trillion (US$17.24 billion) as of the end of December, meeting 82.8% of the Government’s plan – the highest rate in the 2016-20 period, according to the Ministry of Planning and Investment.

Vietnam posted the fastest growth in Asia in 2020 and will once again be among the most outstanding performers in the region this year, according to the Hong Kong Shanghai Banking Corporation (HSBC).

The Government has recently issued Resolution No.01/NQ-CP on key measures to carry out the 2021 socio-economic development plan and State budget estimate.

Ho Chi Minh City’s gross regional domestic product (GRDP) hit VND1.37 quadrillion (US$59.4 billion at current exchange rate) in 2020, a year-on-year increase of 1.39%.

VOV.VN - Vietnam strives to achieve a GDP growth rate of 6.5% or even higher in 2021, Prime Minister Nguyen Xuan Phuc set a target for ministries and localities at a conference between the Government and centrally-run localities on Dec. 29.