Vietnam must move forward unless it wants to be saddled with the status of the “world’s factory”, heard a conference in Ho Chi Minh City on July 28.

Standard Chartered has forecast Vietnam’s GDP growth at 10.8% in the third quarter and 3.9% in the last quarter of 2022, contributing to annual expansion of 6.7%.

VOV.VN - President Nguyen Xuan Phuc outlined the positive forecasts for the nation’s economic prospects, viewing it as a very good opportunity for APEC investors, with the country always opens to welcoming investment from APEC businesses for mutually beneficial co-operation and development.

The high economic growth rate and the prosperity of a number of business fields in H1 demonstrates the judiciousness of the decisions to change the country's COVID-19 prevention and control strategy.

Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced at a Hanoi workshop on July 15 to launch a report on Vietnam’s economy in the first half of 2022.

Vietnam needs to invest approximately US$368 billion from now until 2040 to build a climate resilient and low-carbon economy, according to the Vietnam Country Climate and Development Report (CCDR) released by the World Bank on July 13.

VOV.VN - An article by Valeria Vershinina, a Vietnamese expert working at the Research Center of the ASEAN under the Moscow State Institute of International Relations (MGIMO) under the Russian Ministry of Foreign Affairs, highlighted Vietnam's role and potential as part of Russia's foreign policy.

VOV.VN - Along with maintaining the nation’s GDP growth forecast at 6.7% for this year and 7% in 2023, Standard Chartered projects that this year's inflation will exceed 4%, a figure higher than the target set by the National Assembly.

In an article posted on July 12, The Business Times of Singapore cited some economists' opinions that said Vietnam’s economy is back on track for a strong recovery this year.

A rising affluent class, more nuclear families, the booming development of digital technology, and an increasing demand for personalisation among consumers will offer opportunities and challenges for FMCG brands in the coming years, according to Kantar Worldpanel Vietnam.