Vietnam’s digital economy is expected to reach US$14 billion in 2020, a year-on-year increase of 16%, and will likely reach US$52 billion in 2025, re-accelerating to nearly 29% in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.
The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.
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.
VOV.VN - Despite facing the negative impact of the COVID-19 pandemic, the Ministry of Agriculture and Rural Development (MARD) still looks set to maintain its agro-forestry-fisheries export target of over US$40 billion for this year.
VOV.VN - The COVID-19 pandemic has been evolving in a complex manner, forcing Vietnamese policymakers to adjust the country’s growth rate several times.
VOV.VN - Prime Minister Nguyen Xuan Phuc has voiced his hope that Vietnam will achieve a GDP growth rate of between 2 - 3% this year amid the context of the novel coronavirus pandemic evolving in a complex manner.
The Vietnam National Textile and Garment Group (Vinatex) aims for an annual growth rate of 8% – 10% in production value, revenue and export value in the period from now to 2025, according to the group’s chairman of the board Le Tien Truong.