Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.
Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
Vietnam continues to be one of the fastest growing economies in the world, said David Jarkulisch, a diplomat from the Embassy of the Czech Republic in Hanoi.
Vietnam’s economic growth is projected at 6.17% in 2021 in a base-line scenario and may even reach 6.72% in the best-case scenario, heard a conference held in Hanoi on January 20.
The insurance industry is forecast to continue gaining double-digit growth this year thanks to new bancassurance contracts signed late last year and the recovery of the economy.
Southeast Asia’s economic growth will rebound to 6.2 % in 2021 with Vietnam achieving 8 % growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW.
VOV.VN - The Vietnamese economy is predicted to enjoy a bounce back in 2021 with GDP growth reaching 7.6% and inflation being curbed at an average of 3.3%, according to experts of Hong Kong Shanghai Banking Corporation (HSBC).
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 has emerged as an economic bright spot with a growth rate of 2.91% in 2020, which is attributable to the country’s efforts in containing COVID-19 and timely support policies to people and businesses, international organisations said.
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).