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).
Professor Vladimir Mazyrin, leader of the Centre for Vietnamese and ASEAN Studies of the Far East Institute of the Russian Academy of Sciences, has described the results of economic development of Vietnam in 2020 as an extraordinary success.
The UK-Vietnam Free Trade Agreement (UKVFTA), which will come into force at 23:00 on December 31, 2020, will open the door wider for bilateral economic and trade ties and help form a solid foundation for their strategic partnership to reach a new height.
Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.