VOV.VN - The nation has great potential to bolster exports to Mexico, Peru, and Chile, three Latin American countries who have made high tariff-reduction commitments in line with the terms of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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.
Science-technology must become the most important driver in developing modern production forces and a knowledge-based economy to improve productivity, quality, efficiency, competitiveness, and economic growth in Vietnam, Prime Minister Nguyen Xuan Phuc has said.
The Ministry of Planning and Investment has proposed special policies for large State-owned enterprises (SOEs) to make them spearheads in key industries of the economy.
The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.
The pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well.
Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.
VOV.VN - The nation’s human development index (HDI) value for 2019 stood at 0.704, thereby putting the country in the high human development category and earning it a position of 117th out of 189 nations and territories globally.
The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30%.