As the room for the fiscal policy remains quite large, Vietnam in 2024 should continue to pursue the counter-cyclical fiscal policy, with a focus on increasing spending and maximising tax and fee exemption and reduction, to support economic growth, experts believe.
The Vietnam Report JSC has released a white book on the Vietnamese economy in 2023, highlighting the country’s economic achievements last year and giving forecast for 2024 as well as a number of policy recommendations.
The domestic logistics sector has made big strides over the past time, significantly contributing to national economic growth and generating jobs for labourers.
VOV.VN - The northern port city of Hai Phong, the largest of its kind in Northern Vietnam, has unveiled its development planning for 2021-2030 with a vision to 2050, aiming to become a typical city of Asia by 2030.
VOV.VN - The Central Institute for Economic Management (CIEM) unveiled two economic scenarios for Vietnam this year at a conference held on January 15 to release the report “Vietnam's economy in 2023 and prospects for 2024: Reforms to accelerate growth recovery”.
VOV.VN - Vietnam's tuna exports to Canada enjoyed constant growth during the final months of 2023, reaching an 11-month export turnover of more than US$772 million, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.
Many international financial institutions have expressed their optimism about Vietnam’s GDP growth, and shared the view that it would reach at least 6% this year.
The forecast for 2024 indicates that consumer demand will continue to be a primary contributor to Vietnam's economic growth, in addition to the ripple effects of public investment and exports.
VOV.VN - Vietnam secured a GDP growth rate of 5.05% in 2023, but many of its localities obtained much higher growth than the national average. Let’s have a look at the top 10 localities with high growth in the country last year.
VOV.VN - Vietnam needs to pool all resources and bring into full play growth drivers in 2024 to meet the Government set target of achieving a GDP growth rate of 6-6.5%, said experts.