Consumers and producers are happy to see the implementation of the 2% reduction of value-added tax (VAT) for products starting from July 1.

VOV.VN - Despite encountering numerous difficulties this year, especially the impact of complications globally, the national economy is now showing positive signs moving towards the second half of the year, Minister of Planning and Investment Nguyen Chi Dung has said.

VOV.VN - The disbursement rate for public investment of 30.49% recorded during the first half of the year is widely viewed as one of the key driving forces in accelerating Vietnam’s economic growth ahead in the remaining months of the year, according to insiders.

The goal of keeping inflation under 4.5% this year will be totally feasible, as the rate may range between 2.5-3.5%, experts said at a seminar held in Hanoi on July 4.

The Ministry of Planning and Investment (MPI) has built two scenarios for GDP growth in the second half of the year, based on the situation in the first half.

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.

The United Overseas Bank (UOB) has lowered its 2023 economic growth forecast for Vietnam from 6% to 5.2%, and forecast that Vietnam will continue to cut regulatory interest rates in the third quarter this year to stimulate its economy.

VOV.VN - Prime Minister Pham Minh Chinh on July 4 chaired an online Government conference with localities and a monthly regular cabinet meeting to devise solutions for socio-economic development in the context of numerous difficulties and challenges domestically and globally.

Prime Minister Pham Minh Chinh on July 3 attended the Ministry of Foreign Affairs’ virtual conference on promoting the implementation of economic diplomacy serving socio-economic development in the last half of 2023.

Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal Affairs Department Paulo Medas has said.