In the context of uncertain global economy, the Asian Development Bank (ADB) suggested Vietnam diversify its markets to boost exports in 2023 and beyond.

This year, AMRO expected Vietnam’s GDP growth to hit 6% in 2023, and then rebound to 7,1% in 2024.

The total import and export turnover in the first three months of 2023 was recorded at US$150 billion, significantly lower than the set target of over $200 billion, raising concerns among authorities and businesses.

Vietnam’s economy is expected to grow by 6.5 per cent this year and expand to 6.8 per cent in 2024, according to the Asian Development Bank (ADB).

The nation’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) on April 4.

The Ministry of Planning and Investment (MPI) has developed two scenarios for the Vietnamese economy this year and suggested that the government keeps to the 6.5% GDP growth target despite mounting pressure from outside.

After having shown signs of recovery in the previous month, the Vietnamese manufacturing sector took a step back in March, according to S&P Global.

Capital from the private sector also makes a great contribution to socio-economic development.

The Government wants the private sector to be a main driver in the country’s development, with a target of establishing 1.5 million businesses by 2025.

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).

The long queues of people waiting for their turn to get lump sum benefits at social insurance agencies since 2021 reflects the situation of many laborers two years after the pandemic outbreak.

Vietnam, which expects to have its 100 millionth citizen in April 2023, is now in the golden population period which extends from 2007 to 2039.

Vietnam’s gross domestic product (GDP) grew by 3.32% in the first quarter of the year, higher only than the growth rate of 3.21% recorded in the first quarter of 2020 in the 2011 to 2023 period, according to the General Statistics Office.

Vietnam’s rice export price is the highest in the world, and its farm produce has sought a way to enter the British market. Animal feed manufacturers have called for support.

The Silicon Valley Bank (SVB) collapse by itself will end up being neutral for Viet Nam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

When Vietnam reopened after the Covid-19 pandemic more than a year ago, many people warned that Covid and its impact would be forgotten quickly. But the consequences are becoming increasingly apparent.

The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19.

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.

Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's latest report.

Economists believe the period from now to 2045 is the optimal time when Vietnam can find important opportunities to develop the economy. If it cannot create "magic growth" during that time, it will not be able to escape the middle-income trap.