Consumption in Vietnam could grow by US$130 billion over the next decade as Asia continues to be the world’s consumption growth engine, a new report from McKinsey has revealed.

HSBC has forecast two scenarios for Vietnam’s economy until the end of the year, with both of them focused on the re-opening of the economy, albeit in a cautious and systematic way.

VOV.VN - Minister of Planning and Investment Nguyen Chi Dung says his Ministry is considering revising Vietnam’s economic growth rate target to between 3.5% and 4%, as opposed to the 6.5% originally expected, due to the negative impact caused by the COVID-19 pandemic.

Thanks to the good containment of COVID-19, the northern province of Quang Ninh is speeding up three key transport projects expected to substantially contribute to local economic growth and regional connectivity.

Vietnam’s first half growth demonstrates the underlying strength of the economy, which will provide a platform for the country's growth once its new COVID-19 outbreaks are contained, said Stanley Chou, Chair of the Vietnam Enterprise Investments Limited (VEIL).

VOV.VN -National Assembly Chairman Vuong Dinh Hue on September 6 called on Austrian businesses to increase investment and trade cooperation with their Vietnamese counterparts to fully tap into the two sides’ potential and strength.

The Asialink Business Centre under Australia’s University of Melbourne has announced to commence a new capability development programme, aimed at building awareness and positioning Australian business to engage in Vietnam’s fintech sector.

VOV.VN - Promoting cooperation in digital transformation will help countries soon meet United Nations Sustainable Development Goals 2030 given the current context, said Vietnamese Prime Minister Pham Minh Chinh at the Global Trade in Services Summit 2021.

Vietnam will need to do more if it wants to become a digital powerhouse as envisioned in the socio-economic development strategy adopted by the Party in February 2021, said a report of the World Bank.

VOV.VN - Vietnam’s GDP growth rate is unlikely to achieve the target of between 6% and 6.3% set for this year due to the impact of the fourth wave of COVID-19 infections across the country, according to industry insiders.