GDP growth rate
International media outlets have highlighted Vietnam’s thriving economy which is among the fastest-growing in Southeast Asia in 2019 amid the global economic slowdown.
The VN Index may bounce back and reach the 1,000 point threshold again in 2020, or it may come closer to its peak in 2018 thanks to good macroeconomic conditions, foreign capital flow and reasonable valuations.
Vietnam's night-time economic activities lack diversity and are small in scale, with a focus on food and night markets, or small pedestrian streets.
A teleconference between the Government and localities is scheduled to take place on December 30 and 31 under the chair of Prime Minister Nguyen Xuan Phuc.
The industrial production index went down in November with the decline of both mining and manufacturing industries. This is a big surprise in the context of stable global and domestic demand.
Vietnam has gained certain achievements in completing the market mechanism, and adjusting the corresponding role of the State in the economy.
“We think that in 2020-2022, Vietnam may face negative impact from the trade war instead of short-term positive impact, ” said Tran Toan Thang from the Centre for Socio-Economic Information and Forecast (NCIF).
Vietnam could drop out of the Top 20 economies of global growth. Is this because Vietnam is going more slowly or the world is going faster?
Vietnam's GDP growth rate is expected to surpass the target and reach 6.8-7 percent.
Though they are optimistic about the economic performance in the first nine months of the year, economists still warn that in the long term,m Vietnam’s economy may be influenced by a global recession.