The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.
Despite lackluster economic growth in the first quarter, analysts remain cautiously optimistic about the country's prospects, citing potential for a turnaround in subsequent quarters.
GIZ has realized the enormous potential of the agrivoltaics model for Viet Nam, a country with large-scale agricultural production and increasing demand for electricity consumption to meet economic growth rates.
Vietnam’s economic growth is expected to slow down due to a resurgence of Covid-19 that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to latest report released by the Asian Development Bank (ADB).
With a vaccine-led approach, Vietnam can repeat its achievements in economic growth.
Vietnam needs to have a more ambitious strategy with breakthrough thinking to elevate tourism industry to a new impetus for economic growth.
While domestic think tanks in Vietnam show optimism on the local economic growth and forecast a better performance than the government’s target, international organisations are more cautious with lower projections.
Vietnam will likely survive on a two-scenario forecast for economic growth this year, at either 6.56 per cent on the safe side or at as high as 6.81 per cent, according to the latest VEPR report.
Vietnam's economic growth is expected to slow down to 6.7 per cent next year in the context of weaker external environment.
Disbursed foreign direct investment in 2018 increased by nine per cent to over $19 billion accompanied with sustainable economic growth has solidified platform for real estate development.
Outlook of Vietnam's economic growth in 2019 will be a picture mixing the grey shade of things to look out and the pink shade of things to look forward to, according to influential economist Dr. Vo Tri Thanh.
The Asian Development Bank has approved a $100 million policy-based loan to develop Vietnam’s finance sector, aiming to support long-term economic growth and tackle rising income inequality.
The growth rate of Vietnam economy in 2018 was raised to 6.8 per cent by the World Bank, making Vietnam become one of the few countries having enhanced growth prospects.
For a country which is experiencing the early stage of development like Vietnam, nationalism will become a driving force for economic growth, according to Professor Tran Van Tho.
