Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF).

VOV.VN - Die Presse, a German-language daily broadsheet newspaper based in the Australian capital of Vienna, ran an article on April 14 highlighting favourable conditions that make Vietnam increasingly attractive to foreign investors.

VOV.VN - The Prime Minister has directed relevant ministries, agencies and localities to resolve difficulties in terms of administrative procedures, capital accessibility, business conditions, debts, taxes and fees to facilitate business production.

VOV.VN - Vietnamese pangasius exports to Saudi Arabia by mid-March inched up by 13% to reach more than US$4.3 million, compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - A seminar on logistics, trade, and connectivity was held on April 5 in Singapore under the co-sponsorship of the Agency of Foreign Trade at the Vietnamese Ministry of Industry and Trade (MoIT), the trade office at the Vietnamese Embassy in Singapore, the Singapore Chinese Chamber of Commerce & Industry (SCCCI), and the Singapore Logistics Association.

Representatives of ministries and sectors highlighted measures to achieve the GDP growth target for 2023 at the Government’s regular press briefing on April 3.

Major targets for the first quarter of 2023 were basically reached, with political security, macro-economic stability and major economic balances maintained, inflation controlled, security-defence and social order ensured, and external relations and international integration strengthened, stated Prime Minister Pham Minh Chinh.

VOV.VN - The Ministry of Planning and Investment (MPI) has developed two scenarios for the Vietnamese economy this year and suggested that the government keeps to the 6.5% GDP growth target despite mounting pressure from outside.

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.

The Government wants the private sector to be a main driver in the country’s development, with a target of establishing 1.5 million businesses by 2025.