VOV.VN - There are sanguine economic prospects ahead for Vietnam this year as foreign direct investment (FDI) inflows are anticipated to be further poured into the country over the course of 2024, especially in the semiconductor chip and high technology field, according to industry insiders.

VOV.VN - Vietnam is seeing a glimmer of hope for better growth prospects going forward with the country’s GDP growth expected to accelerate 6.0% this year, according to the HSBC’s report “Vietnam at a glance”.

The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.

Experts from the International Monetary Fund (IMF) maintained their forecast for Vietnam’s GDP growth at 4.7% in 2023 but expressed their optimism about the medium-term prospects, with GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.

Vietnamese and US officials discussed economic outlooks and climate finance at a meeting held by the State Bank of Vietnam (SBV) and the Foreign Trade University (FTU) in Hanoi on July 21.

In the context of the global economic downturn and the lingering impact of challenges on the recovery process, many international organisations continue to highlight Vietnam’s positive economic outlook in 2023 thanks to the government's concerted efforts in boosting socio-economic recovery.

Many reputable international organisations have shown their optimism about Vietnamese economic outlook, predicting that the country can complete its GDP growth target of 6.5% this year.

Though the global financial market has seen uncertainties this year, Vietnam's currency and foreign exchange markets have remained stable.

VOV.VN - Despite growth rates slowing down, the nation is still growing at a high rate, projected to be at 5.8% this year before reaching 6.9% in 2024, according to Daniel Leigh, head of the World Economic Studies division in the IMF's Research Department which produces the World Economic Outlook.

VOV.VN - Despite undergoing a period of global economic uncertainties, Susan Burns, United States Consul General in Ho Chi Minh City, has stated that US firms remain optimistic about business opportunities in the Vietnamese market.