While many countries in the world still have to fight the second coronavirus wave, Vietnam has come back to the normal life thanks to effective containment strategy.
Growth of Vietnam’s economy is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to World Bank.
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.
It is possible that foreign companies will exit from emerging markets like Vietnam to return to their countries, surely affecting its economy which is greatly depending on FDI contribution, according to Nguyen Thi Phuong Thao, CEO of VietJet Air.
Vietnam continues attracting investment interest, and Ho Chi Minh City stands out on investors’ lists, guaranteeing best positions for investment and development prospects in Asia Pacific, according to statistics of major property deals just announced by Savills Vietnam.
Vietnam's economy is forecasted to expand by 6.8 percent in 2018 before moderating to 6.6 percent in 2019 as capacity constraints become more binding, according to World Bank.
Weak synchronization and cost burden, are the biggest barriers for the logistics industry, potentially derailing the sustainable growth of Vietnam's economy.
Many foreign investors have confirmed that Vietnam is their only destination in the region and they still expect to expand their investments in Vietnam.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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