Fitch Solutions holds a more optimistic view on Vietnam’s economic rebound in 2021, with its real GDP growth forecast at 8.6%, against the government’s 6.5% target.

Mr. Nguyen Thanh Phong, Chairman of the People's Committee of Ho Chi Minh City, assessed that the proportion of domestic revenue in the total budget collection in the period from 2016 to 2020 had increased from 62.1 percent to 71.45 percent.

Director General of the General Statistics Office (GSO) Nguyen Thi Huong has stressed that 2020 is considered a year of success in inflation control.

Because of over-expenditures, the public debts in 2020 are estimated at 56.8-57.4 percent of GDP and the government’s debt 50.8-51.4 percent of GDP, within the safety line set by the National Assembly.

Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8 percent in 2021 and, thereafter, stabilise at around 6.5 percent, according to the latest World Bank’s economic update for Vietnam “Taking Stock”.

The pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well.

A problem existed for years between the difference of GRDP (gross regional domestic product) reported by local statistics offices and GDP calculated by the General Statistics Office (GSO).

The Vietnamese economy has remained extremely resilient throughout the year despite the adverse impact of the novel coronavirus (COVID-19) pandemic, with import-export activities witnessing a gradual bounce back, according to insiders.

Hanoi's economic growth is set to rebound to 7.5% next year as the city continues to pursue the dual target of both containing the pandemic and boosting economic recovery.

As opposed to that of supply, the recovery of demand remains weaker, which means that the recovery of growth in the coming time will depend largely upon whether consumers can bolster their purchasing power

A new report on Vietnam's macroeconomics and GDP revision has been released by Prof Can Van Luc and researchers from the BIDV Training and Research Institute

The Ministry of Planning and Investment has proposed adding some indexes not yet stated in the statutory economic criteria, such as per capita gross domestic product (GDP), contribution of TFP to growth and labor productivity.

If the Covid-19 pandemic will continue to be well put under control as it is now, Vietnam’s GDP growth in the fourth quarter is likely to be higher than the first three quarters.

There remains plenty of room to accelerate economic growth moving into the fourth quarter of the year, with domestic consumption and investment set to be the key drivers for Vietnam’s growth during the remainder of the year, according to insiders.

Vietnam’s GDP grew by 2.12 percent in the first nine months of the year compared with the same period last year, the lowest growth rate since 2011, according to the General Statistics Offic.

Contrary to all predictions, modern convenience stores and supermarkets, with powerful financial capability, have not led to the closure of traditional household-run groceries.

The enterprises of US dollar billionaires have been thriving despite the pandemic. They are doing well in Vietnam, and making their mark in the world market as well.

The Ministry of Planning and Investment (MPI) has been asked to meet the goal of 6-6.5% GDP growth in 2021.

The rate of foreign investment attraction in Ho Chi Minh City since the beginning of the year has continued to rise.

Truong Van Phuoc, a respected economist, is optimistic about Vietnam’s growth, though some analysts warned about a negative growth rate after the new Covid-19 outbreak was discovered in Da Nang.