To achieve a high-income status by 2045, Vietnam needs to accelerate productivity growth as the workforce's contribution to growth is expected to decline and later turn negative because of the country’s population ageing, said Andrea Coppola, Lead Country Economist and Programme Leader for Equitable Growth, Finance and Institutions in Vietnam, Cambodia and Laos.
Senegal is considered as a potential market for Vietnamese agricultural products, according to the Ministry of Industry and Trade.
With a high digital economic growth rate of about 20% per year, and the fastest rise in e-commerce in the ASEAN region, Vietnam is moving close to the position of top three biggest countries in the ASEAN region in terms of its digital economy.
Standard Chartered has revised up its forecast for Vietnam’s 2024 GDP growth to 6.8% from the previous 6.0%, reflecting the stronger-than-expected expansion in the third quarter of this year.
VOV.VN - Chairman of the National Assembly of Vietnam Tran Thanh Man and other top legislators of the ASEAN Inter-Parliamentary Assembly (AIPA)’s member countries attended a meeting of the AIPA Executive Committee in Vientiane on October 18.
Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Vietnam’s economic growth.
Remittances sent by overseas Vietnamese to Ho Chi Minh City are expected to surge about 10% in 2024 from a record high of US$9.46 billion in 2023, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)’s Ho Chi Minh City Branch.
VOV.VN - Vietnam is likely to secure the 7% economic growth target this year as set by the Government if solutions to support businesses and people bearing the brunt of the recent super typhoon Yagi are implemented very quickly, according to experts of the Vietnam Institute for Economics and Policy Research (VEPR).
VOV.VN - The National Assembly Standing Committee examined preparations for the coming year-end session of the legislature, at its ongoing 38th meeting in Hanoi on October 14.
Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.