Foreign media outlets have cast a positive light on Vietnam’s economic growth, hailing its resilience amid global challenges and strategic vision for future growth.

A 40% increase in infrastructure investment that the Vietnamese Government is now planning would add approximately 2 percentage points to Vietnam’s 2025 GDP growth - if the Government manages to hit its disbursement targets this year, according to Michael Kokalari, chief economist at VinaCapital.

In its latest macroeconomic update about Vietnam, Standard Chartered Bank forecasts a rise in inflation in the near term.

Prime Minister Pham Minh Chinh on March 1 signed Directive No. 05/CT-TTg outlining key tasks and breakthrough solutions to drive economic growth and accelerate public investment disbursement, ensuring that Vietnam’s GDP growth reaches at least 8% in 2025.

Several commercial banks have started reducing deposit interest rates by 0.1 to 0.4 percentage points in response to the Prime Minister’s direction to lower rates to help achieve the Government’s 8% growth target in 2025.

VOV.VN - Prime minister Pham Minh Chinh praised Chinese businesses’ successful operations in Vietnam and asked them to further expand operations for win-win results, during a meeting in Hanoi on February 28.

VOV.VN - Deputy Prime Minister and Foreign Minister Bui Thanh Son chaired a meeting on February 28 to review relevant agencies’ preparations for Hanoi’s hosting of the fourth Summit of the Partnering for Green Growth and the Global Goals 2030 (P4G) in April.

VOV.VN - Vietnam’s hosting of the 4th Summit of the Partnering for Green Growth and the Global Goals 2030 (P4G) in April is a strong testament to the international community’s recognition of the country’s commitment to transformation as a contribution to motivating nations to join hands in pursuit of green and sustainable development.

Vietnam’s trade offices abroad are ramping up efforts to promote investment and trade in line with the country’s ambitious economic targets for 2025.

VOV.VN - Vietnam is likely to secure high annual growth of 8%, or even double-digit growth after recording a 7% expansion last year, according to Suan Teck Kin, head of research and executive director of Global Economics and Markets Research at Singapore-based United Overseas Bank (UOB).