Vietnam’s economy glimmers with bright prospects but faces new challenges, given the fact that the COVID-19 pandemic has yet to end and global political and economic shocks continue.
VOV.VN - Prime Minister Pham Minh Chinh emphazised that major focus should be placed on implementing three national target programmes and the scheme to boost socio-economic recovery and development after the COVID-19 pandemic, while chairing a regular cabinet meeting on June 4 in Hanoi.
VOV.VN - Despite existing risks continuing to impact production and exports, the Ministry of Industry and Trade is still making every effort to fulfill this year’s export growth target of 8% set by the National Assembly (NA).
VOV.VN - The Economic Daily of China has recently published an article stating that the Vietnamese economy is currently enjoying rapid development, although it is facing new challenges amid the constantly fluctuating international situation.
VOV.VN - The Vietnamese economy is anticipated to enjoy positive growth of roughly 6% this year, while inflation is forecast to be at between 4% and 4.5%, according to financial experts.
The National Assembly (NA) Standing Committee’s 11th session continued on May 11, discussing reports that assess the implementation of socio-economic development and State budget works in 2021 and in early months of 2022.
The Vietnam Online Business Forum (VOBF) 2022 was held by the Vietnam E-Commerce Association (VECOM) in Ho Chi Minh City on May 10, focusing discussions on e-commerce’s role in promoting post-pandemic economic development.
Vietnam has made remarkable progress in poverty reduction in the 2010 – 2020 period, with the rate of poverty declining to only 5% from 16.8%, according to the World Bank (WB).
What Vietnam has achieved in the last three decades, and what it is on course to achieve in the future, makes the country a good candidate for low- and middle-income countries in Africa to partner with for shared prosperity, according to a recent article by theafricareport.com.
VOV.VN - Asia Plus Securities (ASPS), a brokerage firm based in Thailand, has recommended increasing investment in the Vietnamese market, citing the country's high growth prospects based on its ample local workforce, low minimum wage, and steadily rising per capita income.