Vietnamese and Indian businesses sought partnership opportunities in garment and textile sector during an online conference held by the Vietnamese Trade Office in India and the Indian Importers Chambers of Commerce and Industries (IICI) on December 30.

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.

VOV.VN - Prime Minister Nguyen Xuan Phuc affirmed the Government’s determination to elevate GDP growth by 0.5% ahead in 2021 during his opening remarks at a Government Conference held virtually with localities on December 28 in Hanoi.

VOV.VN - It is anticipated that the Vietnamese economy will enjoy spectacular growth over the coming 15 years, rising from the world’s 37th largest economy this year to 19th position by 2035, according to figures compiled by the Centre for Economics and Business Research (CEBR).

VOV.VN - Vietnam has achieved a GDP growth rate of 2.91%, an impressive figure despite the impact of the novel coronavirus pandemic, said the General Statistics Office (GSO) at a press briefing in Hanoi on December 27.

VOV.VN - Vietnam is expected to achieve a GDP growth rate of 2.8% this year, a significant figure among new emerging economies despite the impact of the COVID-19 pandemic, revealed Finance Minister Dinh Tien Dung.

VOV.VN - Despite accounting for a mere 14% of the national population and 27% of the local workforce, the annual working-class contribution to the nation makes up more than 65% of GDP and over 70% of the annual State budget.

VOV.VN - A range of stronger economic stimulus measures should be implemented moving into next year in an effort to recover the Vietnamese economy amid falling domestic and foreign demand caused by the impact of the novel coronavirus (COVID-19) pandemic.

The pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well.