Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab described Vietnam as a bright spot of economic growth after the COVID-19 pandemic at his meeting with Prime Minister Pham Minh Chinh in Jakarta, Indonesia, on September 5.

VOV.VN - Vietnam has continued to strongly attract foreign direct investment (FDI) thanks to its advantages such as macroeconomic stability, low inflation, and high GDP growth amid global uncertainties, said Deputy Minister of Planning and Investment, Tran Quoc Phuong.

Vietnam’s economy has begun to gather steam again since the start of the third quarter of this year, helping consolidate confidence of businesses and investors, experts have said.

VOV.VN - Prime Minister Pham Minh Chinh requested that ministries, agencies, and localities prioritise removing obstacles to business and production, while chairing a Government meeting on August 5 in Hanoi to review socio-economic performance in July and outline orientations for August and beyond.

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.

The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.

VOV.VN - Amid global uncertainties Vietnam will continue to pursue the goal of maintaining macroeconomic stability, controlling inflation, promoting growth, and ensuring major balances of the economy, said Deputy Prime Minister Le Minh Khai while addressing lawmakers at the ongoing session of the National Assembly in Hanoi on May 22.

Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth forecast to 6.5% from the previous 7.2% in its recent macro-economic updates about the country.

VOV.VN - High interest rates have exerted a strong impact on Vietnam’s competitiveness, heard a seminar themed “Impact of High Interest Rates on Macro-economic Stability and Growth Recovery in 2023” held on May 11 in Hanoi.

VOV.VN - The Ministry of Planning and Investment (MPI) has developed two scenarios for the Vietnamese economy this year and suggested that the government keeps to the 6.5% GDP growth target despite mounting pressure from outside.