While Vietnam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020, according to the World Bank (WB).

Deputy Prime Minister Vuong Dinh Hue expressed his belief in the bright future of Vietnam in an interview with VNA on the occasion of the Lunar New Year, which falls on January 25.

1.Vietnam among countries with highest GDP growth rate in region

Economic growth across Southeast Asia will slow to 4.5 per cent in 2019 and remain unchanged in 2020, amidst high risks of a re-escalation in trade tensions.

The VN-Index is expected to enter an uptrend towards a new resistance zone after successfully penetrating the psychological resistance mark of 1,000 points, analysts said.

Whichever way you look at them, Vietnam’s Key Performance Indicators tell a compelling investment story.

Fitch Solutions has revised up its real GDP growth forecast for Vietnam to 6.9 per cent in 2019, from 6.5 per cent previously.

Vietnam's headline PMI from Markit’s survey and month-on-month IPI indicated slowing industrial activities in September, potentially causing negative impacts on GDP growth in the remaining months of the year.

Vietnam is expected to attract more investors as its economy is developing at a stable rate, with GDP growth of 7 per cent.

Vietnam is expected to attract more investors as its economy is developing at a stable rate, with GDP growth of 7 percent.

Prime Minister Nguyen Xuan Phuc underscored the determination to accomplish all goals set for 2019, striving for a GDP growth of 6.8 percent and reining in inflation under 4 percent at the Government’s monthly meeting held in Hanoi on May 31.

 VietNamNet Bridge – Following impressive GDP growth of 6.81 per cent in 2017, the government has released a set of measures and priorities to achieve socio-economic development targets in 2018.

Economists have warned that many problems may arise if VND700 trillion is pumped into the national economy to raise the credit growth rate to 22 percent and obtain 6.7 percent GDP growth rate this year.

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VietNamNet Bridge – Economists have warned that if China imposes economic sanctions on Southeast Asian countries, such actions would end up being a double-edged sword.

 VietNamNet Bridge – The Ministry of Planning and Investment on June 5 announced overall development plans for two southern economic zones through to 2020, which are focused on expanding key fields and boosting GDP growth.

 VietNamNet Bridge – Several scenarios for Vietnam’s economy have been put forth at a recent seminar organised by the Ministry of Planning and Investment. Report by Vietnam Business Forum.

 VietNamNet Bridge – This 2013 growth of the country's Gross Domestic Product (GDP) is expected to increase 5.42 per cent over last year, according to officials.

 VietNamNet Bridge – Minister of Planning and Investment Bui Quang Vinh said that data provided by the General Statistics Office (GSO) is acceptable and the local economy has really seen recovery signs.