Associate Professor Dinh Trong Thinh of Academy of Finance talks about the important role of the private sector in the national economy.

Vietnam’s exports still heavily relied on foreign invested enterprises (FIEs), while foreign direct investment (FDI) did not have positive influences to the other economic sectors of 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?

Many economic targets set for 2020 are lower in comparison with real implemented levels.

Vietnam is among the countries with the highest GDP growth rates in the region.

A large market with 100 million consumers is not the only reason which attracts foreign investors. They come to Vietnam because they can work and "play" with other investors from the world, according to Vo Tri Thanh, a respected economist.

The government’s report to the National Assembly on the 2019 public debt and 2020 budget shows that it plans to mobilize VND460 trillion worth of capital, mostly to offset the deficit and repay principal.

The investment capital keeps flowing to Vietnam, bringing concerns about the country's capability to absorb such a high level of capital resources.

Analysts believe that the State Bank of Vietnam (SBV) should follow the move of other central banks to cut interest rates. This would help ease the burden on businesses.

The prices of essential goods and services have been increasing rapidly, while the personal income tax (PIT) has remained unchanged over the six years.

Within four months, the preliminary results of the Vietnam 2019 Population and Housing Census will be made public. Information about population, education level, jobs, housing and migration will be helpful to form new policies.

VietNamNet Bridge - A National Assembly resolution stipulates that the overall goals of Vietnam’s economy in 2019 are stabilizing the macro-economy and controlling inflation.

VietNamNet Bridge - The Chinese yuan has depreciated sharply, while the Chinese Q3 GDP growth rate is the lowest in the last decade. 

Macroeconomic targets were built with the presumed crude oil price at below $50 per barrel. However, the price has exceeded the $90 per barrel threshold, nearing $100.

The inflation rate in all three scenarios drawn up by the Prime Minister’s economic advisory team is below 4 percent.

‘High expectations’ and ‘excessive optimism’ were the phrases used by Huynh The Du, training director of the Fulbright Economics Teaching Programm (FETP), in describing the 10-year crisis cycle.

VietNamNet Bridge - Economists agree that Vietnam may obtain 7.02 percent GDP growth rate this year, but there are challenges to overcome.

VietNamNet Bridge - High inflation may put pressure on the exchange rate and prompt foreign investors to withdraw capital from Vietnam’s stock market, analysts say.

VietNamNet Bridge - The CPI soared by 0.55 percent in May as reported by the General Statistics Office (GSO), a six-year high.