Infrastructure investment, trade environment and competitive wages are three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the vietnam-briefing.com.

Vietnam aims to become a higher average income country and a high income country by 2035 and 2045. However, to reach that goal, it will have to overcome challenges, especially institutional ones.

Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming tỉme.

A volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past...

For the first time, the Vietnam International Agricultural Trade Fair 2022, held in Can Tho City in the Mekong Delta on November 2, featured a variety of high-technology equipment for agricultural production.

Vietnam will face major development challenges in the coming decades, Jonathan Pincus, a senior economist at the United Nations Development Programme (UNDP), said at an international conference in Hanoi on November 25.

The nation has a bright economic future, although risks are multiplying, said Ramla Khalidi, resident representative in Vietnam for the UN Development Programme (UNDP), at the Vietnam Economic Pulse 2022 on November 22 in Hanoi.

Several export businesses are facing a severe crunch of orders, especially in textiles, garments, footwear, and furniture.

The urban economy is expected to contribute some 75% of the national GDP by 2025 and about 85% by 2030 under an action programme of the Government.

The national Plan on Socioeconomic Development next year may not reach its desired growth goal if risks continue lingering and the country’s hallmark scheme on recovery keeps its existing slow pace in implementation.

Establishing value chains which were resilient to external shocks would be an important factor for enterprises to enhance their adaptability to crisis.

Though massive difficulties are lingering, Vietnam’s industrial production has continued its uptrend, with an expansion in demands for vital inputs in service of business and production activities – but risks lying ahead.

The National Assembly passed a resolution on socio-economic development tasks for 2023 at its year-end session on November 10, with GDP projected to expand by 6.5%.

After signing 17 Free Trade Agreements (FTAs), Vietnam has been successful in expanding its market to 200 nations and territories, including 50 key exporting countries.

The exchange rate and market volatility, alongside inflation, have been challenging many enterprises in Vietnam regarding domestic consumption and import-export management.

Vietnam aims to become an upper middle-income country with a modern industrial base by 2030.

Credit ratings agency Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating at 'BB' with a positive outlook.

Several countries are raising interest rates in an effort to curb inflation, even though higher interest rates can push economies into even deeper recession.

Vietnam’s national development space would be divided into six zones, according to Government's Resolution No.138/NQ-CP

The Vietnamese economy has recorded an impressive recovery over the past nine months, and the Asian Development Bank (ADB) is confident of the country’s bright prospects for its medium- and long-term growth.