The Ho Chi Minh City People’s Council has passed a resolution to merge HCM City’s eastern districts of 2, 9 and Thu Duc into one administrative unit to create an innovation hub tentatively called Thu Duc City.

Vietnam stands out as the only ASEAN economy to achieve positive growth in 2020 and rebound to an 8.1% growth rate in 2021 – the highest in Asia, the Hong Kong Shanghai Banking Corporation (HSBC) said in a recent report.

Vietnam’s real GDP would grow by 2.6% in 2020 and hit an 8.2% rebound next year, Fitch Solutions has forecast.

Over the next five years, Vietnam will strive for a 7% average GDP growth and a US$5,000 per capita income.

VOV.VN - Economic experts in the financial and securities sectors from Singapore have stated that the Vietnamese economy has made a recovery in the third quarter of the year, despite its growth rate being weaker than forecast, with annual gross domestic product (GDP) growth reaching between 2.8% and 2.9%.

Vietnam will focus on solutions to spur growth towards sustainability amidst the impact of COVID-19 during the 2021-2025 period, Minister of Planning and Investment Nguyen Chi Dung said on September 29.

VOV.VN - The country’s gross domestic product (GDP) is expected to record an annual increase of 2.12% during the opening nine months of the year, according to the General Statistics Office (GSO) September update.

VOV.VN - The nation is likely to be the second best performer in terms of economic recovery in the Asia-Pacific region, according to a report recently released by the S&P Global Ratings, which revised up GDP predictions of regional countries this year following the revival of trade and consumption.

Vietnam’s GDP growth this year can reach 2 – 3%, according to former director of the General Statistics Office (GSO) Nguyen Bich Lam.

COVID-19 has interrupted the country’s journey to become a high-performing economy, but the right structural adjustments could help get it back on track, according to McKinsey & Company, a leading US consultant firm.