Giving forecasts about economic performance has never been so difficult as there are now too many influencing factors.

Economists have predicted that Vietnam’s GDP may be negative this year as the possibility of a second outbreak exists.

Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3% this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.

Vietnam’s exports to key markets such as the US and EU sharply rebounded across many sectors.

While the 2020 White Book on Vietnamese businesses offers only data which can be used for reference, this report points out that the majority of Vietnamese enterprises are very small, and their business efficiency seems to be also extremely low.

Vietnam's economy experienced good economic results in 2019, but it will be a challenge to repeat the strong growth this year.

Developing quality connective infrastructure and logistics is crucial to lower trade costs and boost Vietnam’s further integration in both global and domestic markets.

Mr. Ousmane Dione, World Bank Country Director for Vietnam, discusses the growth in Vietnam's economy in 2019 and the prospects for 2020.

The size of the local Government bond (G-bond) market by the end of last month was equal to 25.1% of the country’s gross domestic product in 2019, marking a 12-fold increase over 2009.

GDP growth based on high productivity is the way forward for Vietnam to maintain rapid and sustainable economic growth, said head of Vietnam’s General Statistics Office.

 Vietnam has set goals for GDP to grow by 6.5-7 percent and inflation to be kept at around 5-7 percent in the next five years, the Ministry of Planning and Investment said.