VOV.VN - Consumer price index (CPI) in the January-July period inched up 4.12% from the same time last year, while the country recorded a trade surplus of US$14.08 billion, reported the General Statistics Office on July 29.

Vietnam's economy is experiencing a surge, fueled by strong export and industrial production, according to a series of reports from international organisations.

The US’s S&P Global Ratings affirmed its 'BB+' long-term and 'B' short-term sovereign credit ratings on Vietnam, with a “stable” outlook on the long-term rating, the website disclosure.spglobal.com reported on June 20.

Singapore’s maritimefairtrade.org recently published an article on the recovery of the Vietnamese economy, citing the latest World Bank Taking Stock bi-annual economic update with growth forecast to reach 5.5% in 2024 that will gradually rise to 6% by 2025.

The index of industrial production (IIP), foreign direct investment (FDI) and export-import were among the bright spots of the national economy in the first five months of this year, experts have said.

Vietnam needs to take advantage of opportunities to overcome difficulties and keep up with global trends; and create good, better quality foundations in terms of institutions, infrastructure and human resources for breakthrough development, according to an economist.

VOV.VN - Vietnam’s gross domestic product (GDP) expanded by 5.66% in the first quarter of this year, marking the highest growth rate compared to the same period from 2020 to 2023, reported the General Statistics Office (GSO).

Experts gave forecasts on impacts of the global economy on Vietnam and exchanged views on how to manage the macro economy and the domestic gold market at a meeting of the National Financial and Monetary Policy Advisory Council on March 28.

According to the Asia House Annual Outlook 2024, Vietnam's economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment, given the openness of the economy and the strength of its fundamentals.

2023 continues to be a tough year for the world economy as COVID-19 pandemic has still taken heavy tolls while a series of new challenges have emerged, including geopolitical conflicts, tight monetary policies in major economies and world economic slowdown.