COVID-19 has interrupted the country’s journey to become a high-performing economy, but the right structural adjustments could help get it back on track, according to McKinsey & Company, a leading US consultant firm.
VOV.VN - Vietnam’s economic growth rate in 2021 is anticipated to reach between 6% and 6.5%, according to a resolution adopted during the Government's recent monthly meeting for August.
Free trade agreements (FTAs) that Vietnam has signed with its partners have been an important factor attracting foreign investments to the country.
VOV.VN - The inflow of foreign direct investment (FDI) into the nation will recover once the COVID-19 epidemic is successfully brought under control, according to Takeo Nakajima, chief representative of Japan External Trade Organization (JETRO) in Hanoi.
VOV.VN - Vietnam remains an attractive destination in which to do business among foreign financiers, with several tech giants expressing a keen interest in furthering their investment in the country in recent times.
Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001.
Public investment in August and the first eight months of this year increased 45.4% and 30.4% year-on-year, respectively, according to the General Statistics Office (GSO).
VOV.VN - Despite being significantly affected by the novel coronavirus (COVID-19) epidemic, the rate of foreign investment attraction in Ho Chi Minh City since the beginning of the year has continued to rise.
Vietnam attracted US$19.54 billion worth of FDI as of August 20, down 13.7% year-on-year, according to the Ministry of Planning and Investment.
VOV.VN - The first seven months of the year witnessed foreign direct investment (FDI) into Vietnamese real estate stand at US$2.8 billion, according to figures released by the Ministry of Planning and Investment.