It’s a big challenge for the economy to reach this year’s GDP growth target of 6.5%, and economic expansion is hoped to be boosted by some important demand factors in the second half of 2023, experts have said.

VOV.VN - Although the growth rate has slowed down amid global economic difficulties, Vietnam is outperforming most countries in the world, and is regarded as an attractive destination for direct foreign direct investment (FDI) in the manufacturing sector.

The state budget revenue stood at VND875.8 trillion (US$37 billion) in the first half of 2023, equivalent to 54% of this year’s target, reported the Ministry of Finance (MoF).

VOV.VN - A Vietnamese delegation led by Deputy Minister of Science and Technology Nguyen Hoang Giang is attending the 64th series of meetings of the Assemblies of the Member States of the World Intellectual Property Organisation (WIPO), with the event being held in Geneva from July 10 to July 13.

VOV.VN - Vietnam is relying too much on monetary policies in order to stimulate demand. However, loosening lending standards and lowering interest rates serve to reduce asset quality, thereby creating asset bubbles, according to economic experts.

Experts gave recommendations to restore aggregate demand and promote growth in the new context at the mid-year macro-economic roundtable in Hanoi on July 11.

VOV.VN - Foreign Ministers of ASEAN member states reaffirmed their support for joint efforts to realize Indonesia’s priorities during its ASEAN Chairmanship Year 2023 towards turning the bloc into an epicentrum of growth, at their meeting held on July 11 in Jakarta, Indonesia.

Vietnam, which is experiencing a period of population aging, is seeking ways to turn the situation into opportunities by optimising the strengths of senior citizens.

Minister of Natural Resources and Environment Dang Quoc Khanh has hailed the World Bank (WB)’s effective cooperation with Vietnam, especially in climate change response, green growth and environmental protection.

VOV.VN - By recording positive economic results in the first half of this year, numerous enterprises based in Ho Chi Minh City expect to keep pace with the growth momentum in order to boost their production and business activities over the coming months.