Amid the complex developments of the COVID-19 pandemic in Vietnam, ministries and localities are urgently implementing action programmes to sustain economic growth while keeping the disease at bay.
VOV.VN - Every citizen must unite to combat the novel coronavirus (COVID-19) pandemic while redoubling efforts to maintain production activities in order to ensure that the nation maintains its economic growth.
VOV.VN - Due to the nation’s latest novel coronavirus (COVID-19) outbreak, Prof. Dr. Andreas Stoffers, country director of Friedrich Naumann Foundation in Vietnam, has been forced to cancel his Lunar New Year (Tet) plans in the south and remain in Hanoi to enjoy the capital’s festive atmosphere.
Of the six ASEAN nations, only Vietnam posted an increase in exports for 2020, up 7% to US$282.66 billion, according to The Straits Times.
Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.
VOV.VN - Vietnam is capable of achieving a higher GDP growth rate than the set target of 6% in 2021, providing it accelerates reforms and draws up proper plans for economic recovery in the post-COVID-19 period, according to economist Nguyen Dinh Cung, former Director of the Central Institute for Economic Management.
The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72% and an average consumer price index (CPI) of 4.2% under an optimistic scenario.
VOV.VN - With the COVID-19 pandemic causing plenty of difficulties for production and business activities and the added value of the industrial sector in Q1 set to endure a slight fall, the Ministry of Industry and Trade (MoIT) is striving to help the sector achieve a growth rate of 9.45% and export growth of up to 5%.
VOV.VN - Tourism growth in a number of central localities, such as Da Nang city, Khanh Hoa, Quang Nam, and Quang Ngai is enduring a slowdown due to the impact of the novel coronavirus (COVID-19) pandemic, thereby causing lasting damage which will could linger for many years.
“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years.