Vietnam’s economic growth is predicted to expand by about 6.5% this year based on numerous potentials, significant foreign direct investment, and ongoing efforts to improve the business environment and infrastructure.
Vietnam’s macro-economic achievements were applauded at an international workshop co-organised by the International Monetary Fund (IMF) and the Bank of Laos on April 3 in Luang Prabang.
VOV.VN - Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.
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.
VOV.VN - Many prestigious international organizations such as VinaCapital and the International Monetary Fund (IMF) have forecast that Vietnamese GDP will continue seeing strong growth in 2024, rising to be among the 20 highest growing economies globally.
Experts from the International Monetary Fund (IMF) maintained their forecast for Vietnam’s GDP growth at 4.7% in 2023 but expressed their optimism about the medium-term prospects, with GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.
VOV.VN - Reputable international organisations anticipate that Vietnamese GDP growth this year may exceed other ASEAN member states.
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai on September 14 proposed the International Monetary Fund (IMF) help the city define orientations for economic restructuring, climate change response activities, and green economic development trends.
VOV.VN - In order maintain "ASEAN's stature" as "the epicenter of growth", the bloc’s self-reliance must be enhanced through promoting economic linkages, expanding internal markets, and easing trade and investment flows.
Prime Minister Pham Minh Chinh met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the 43rd ASEAN Summit and Related Meetings in Jakarta, Indonesia, on September 4.