Ambitious 2023 targets out of reach with weak progress

Ambitious 2023 targets out of reach with weak progress

A sharp reduction in local production and global demand, coupled with increased geopolitical complexity, are undermining Vietnam’s efforts to achieve its economic growth target for this year.
Global demand geared up to rise

Global demand geared up to rise

Despite massive challenges, Vietnam’s trade landscape is slowly gaining momentum thanks to a bit-by-bit recovery in local production and gradual reopening of many foreign markets, promising a brighter export-import picture for the country until the year’s end.
Wide-ranging support ahead for economy

Wide-ranging support ahead for economy

To spur on local production and achieve its desired economic growth goal, Vietnam is to enact new financial solutions aimed to assist the business community. However, will the schemes affect the state budget picture, which earned a surplus in the first quarter of this year?
Directive to fortify local production

Directive to fortify local production

As the COVID-19 outbreak is poised to cause a global economic crisis affecting Vietnam, the government’s fresh solutions to boost local production to achieve the country’s economic growth goal are hoped to give a kiss of life to both enterprises and investors.