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Update news vietnam economy
The government has requested new measures to assist Vietnam in maintaining its growth outlook and ensuring it meets export targets this year, via its annual resolution covering the general economic situation.
Despite a raft of challenges, the country recorded relatively comprehensive socio-economic achievements, standing out as a bright spot in the region and the world as a whole.
The Vietnamese economy will grow by 6% this year with the strength of the national economy coming from a combination of consumer and investment spending, according to the 2024 Investment Outlook report for the first half of the year released by HBSC.
According to the Asia House Annual Outlook 2024, Vietnam's economy is likely to continue to outperform its regional neighbours through 2024.
With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.
Vietnam’s economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.
Over 17 years of being a member of the World Trade Organisation (WTO), Vietnam has seen hallmark economic growth thanks to economic integration into the world, providing strong momentum for further development.
The joyful atmosphere on those days is a result of Vietnam’s successful navigation through the challenging year of 2023, marked with positive developments.
The tough year of 2023 is expected to be followed by positive signs of an economic recovery. Vicente Nguyen, CIO of AFC Vietnam Fund, talked with VietNamNet about economic prospects in 2024, and the advantages and problems in the economy.
Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024.
Manufacturers in key industries are grappling with rising costs and plummeting demand that is weakening manufacturing and export activities.
The government has proposed using more than VND63 trillion from contingency fund of the 2021-2025 public investment sourced from the 2022 increased budget revenue for development projects.
Inspired by recovering goods export activities since the remaining months of 2023, the Vietnamese government will expand markets to boost shipments this year and beyond.
VN not only relies on fiscal and monetary solutions to promote economic growth, but also creates new growth drivers from innovation, new economic models, business environment reform, economic restructuring and improving regional planning and linkage.
On January 16, the European Chamber of Commerce in Vietnam (EuroCham) announced that it has unveiled its 15th annual Whitebook, offering insights into Vietnam's business policies from the European business community.
Despite lingering difficulties, businesses have recovered their confidence, the Private Economic Development Research Board under the PM’s Administrative Reform Advisory Council underlined in report on business situation in 2023 and outlook for 2024.
Signs of recovery of Vietnam’s and the world economies appeared in the last months of 2023.
The Central Institute for Economic Management (CIEM) has unveiled two economic scenarios for the nation this year.
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at 15 billion USD.
The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services.