Despite being the lowest in the past three decades, Vietnam’s 2.91% growth recorded this year is still a success of the nation in the context of the COVID-19 pandemic that is ravaging the whole world, according to foreign media.

Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.

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.