Vietnam's economy recovered rapidly in the first half of 2024 after a challenging period at the end of 2022 and early 2023, thanks to its government’s drastic actions, according to Paulo Medas, head of the International Monetary Fund (IMF)’s 2024 Article IV Mission to Vietnam.

VOV.VN - The Vietnamese economy maintained its upward trajectory in the first half of the year, with its growth expanding by 6.93% in the second quarter of the year, helping to raise its first-half growth to 6.42%, reported the General Statistics Office (GSO).

The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.

VOV.VN - After enjoying trade surpluses for the past consecutive 23 months, Vietnam once again slipped into an import surplus in May, sparking concerns about the general health of the economy, although experts say it is not really a worrying sign.

VOV.VN - Deputies to the ongoing seventh session of the National Assembly on May 23 worked in group, discussing the Government’s report on the implementation of socio-economic development and budgetary tasks in recent times.

VOV.VN - The United States is considering recognising Vietnam’s market economy status that will enable the local economy to elevate its role internationally, whilst also removing barriers to trade cooperation and investment attraction.

VOV.VN - Vietnamese economy is showing mixed signs of recovery, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on March 23.

VOV.VN - The Vietnamese economy is expected to grow at 6.0% in 2024 and at 6.2% in 2025, according to the latest Asian Development Outlook (ADO) 2024 released on April 11.

VOV.VN - While near-term trade is about to take off again, long-term FDI prospects remain a bright spot of Vietnamese economy, according to the Hong Kong and Shanghai Banking Corporation (HSBC).

VOV.VN - The World Bank, in its East Asia and Pacific Economic Update released on April 1, 2024, forecast that the Vietnamese economy would grow by 5.5% this year, making it among top growth leaders in the world.