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VietNamNet Bridge - With good GDP growth in the first three quarters of the year, economists have expressed concern about the driving force for economic growth in the years to come and the next stages of development.

GDP growth must rely on internal strength: economists

How much do internal resources contribute to the country’s GDP? Economists have raised the question after GSO announced a record-high GDP growth rate of 7.46 percent in the third quarter of the year.

Vietnam economy in H2 relies on three major sectors

 VietNamNet Bridge - The economic performance in the last months of the year is expected to be healthy thanks to improvement in three major sectors – agriculture, industry & construction, and services. 

Exploiting 1 million tons of oil not an easy task for PetroVietnam

VietNamNet Bridge - PetroVietnam has been asked to exploit more oil to obtain the targeted growth rate of 6.7 per cent assigned by the government.

How can the ‘pavement economy’ contribute to the national economy?

VietNamNet Bridge - The expansion of the ‘clearing pavement campaign’ in Hanoi and HCMC means fewer vending stalls in the cities. 

Vietnam's aging population expected to work longer in future

The World Bank has estimated that by 2030, nearly one-fifth of Vietnamese will enter old age and around 40 percent of the population aged 70-74 will still have to work, mostly in the unofficial labor market.

The real power of Vietnam’s economy

Economic growth based on natural resource exploitation and a cheap labor force has reached the critical point. Economists say Vietnam has no choice but to follow a sustainable development strategy.

Vietnam’s economic growth to see little change in 2017

VietNamNet Bridge - Vietnam has been seeing slight GDP growth in recent years. The growth rate was 6.2 percent in 2016 and is forecast to be 6.3 percent this year. 

Some business fields to face big challenges in 2017

The severe weather conditions in the first months of 2016 with drought and saline intrusion dealt a strong blow on Vietnam’s agriculture, leading to minus growth rate of the sector in the first half of the year. 

Vietnam's economy less dependent on cheap labor force

Labor-intensive industries such as mining and agriculture are no longer expanding, according to Nguyen Duc Thanh, Director of the Vietnam Institute for Economic and Policy Research (VEPR).

Vietnam's economic challenges in 2017

VietNamNet Bridge - Vietnam economy will encounter more difficulties in 2017 than in 2016 amid global geopolitical changes and financial uncertainties, experts say.

Vietnam among fastest-growing economies in Asia in 2017: economists

VietNamNet Bridge - Though skeptical about the 6.7 percent GDP growth rate target, economists still believe Vietnam will be among Asia's fastest growing economies.

The ‘dragon fish’ threat

VietNamNet Bridge - While Vietnam has seen a ‘whirlwind’ of goods from ASEAN countries and China, Vietnamese enterprises still have not found effective solutions to conquer the vast ASEAN market of 1.9 billion consumers.

2017 to be good year for Vietnam economy: analysts

VietNamNet Bridge - Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.   

Many economic goals are "out of reach": NA deputies

VietNamNet Bridge - National Assembly’s deputies described the government’s 2017 socio-economic development plan and the five-year economic restructuring project as ‘too ambitious’ and ‘out of reach’.

Public debt is near ceiling limit

VietNamNet Bridge - If public debt increases by VND385.375 trillion as estimated, Vietnam’s total public debt would climb to VND2,993 trillion, or 64 percent of GDP.

More money in circulation could increase inflation rate

VietNamNet Bridge - It is expected that large amounts of money will be pumped into circulation to obtain the ambitious target of 6.7 percent GDP growth rate. This has raised the fear that hot growth will bring high inflation back.

Oil fields depleted, exports hit threshold, GDP growth slows

The oil price keeps dropping dramatically, leading to a decrease in Vietnam’s state budget revenue. Meanwhile, other indicators that measure the health of the national economy all show worrying signs.

GDP growth target in doubt, inflation rate higher than predicted

VietNamNet Bridge - Economists have warned that Vietnam may fail to reach a 6.7 percent GDP (gross domestic product) growth rate this year, and the inflation rate may exceed 5 percent.

Is 6.7 percent GDP growth rate a must for Vietnam in 2016?

VietNamNet Bridge - Two more international institutions have lowered their predicted GDP growth rate for Vietnam in 2016, showing less optimism about Vietnam’s economy. However, analysts say a lower GDP growth rate won’t be a concern.