Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).

The long queues of people waiting for their turn to get lump sum benefits at social insurance agencies since 2021 reflects the situation of many laborers two years after the pandemic outbreak.

Vietnam, which expects to have its 100 millionth citizen in April 2023, is now in the golden population period which extends from 2007 to 2039.

Vietnam’s gross domestic product (GDP) grew by 3.32% in the first quarter of the year, higher only than the growth rate of 3.21% recorded in the first quarter of 2020 in the 2011 to 2023 period, according to the General Statistics Office.

Vietnam’s rice export price is the highest in the world, and its farm produce has sought a way to enter the British market. Animal feed manufacturers have called for support.

The Silicon Valley Bank (SVB) collapse by itself will end up being neutral for Viet Nam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

When Vietnam reopened after the Covid-19 pandemic more than a year ago, many people warned that Covid and its impact would be forgotten quickly. But the consequences are becoming increasingly apparent.

The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19.

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.

Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's latest report.

Economists believe the period from now to 2045 is the optimal time when Vietnam can find important opportunities to develop the economy. If it cannot create "magic growth" during that time, it will not be able to escape the middle-income trap.

While external woes will likely continue over the near-term, some recovery in the tourism industry may partially cushion some issues faced by the national economy which has some silver linings this year, according to HSBC experts.

In the last two years, after the 13th Party Congress, resolutions and programs have been issued with the aim of developing Vietnam into an industrialized country.

While newly registered businesses are getting smaller in scale, foreign companies and funds are growing in investment capital.

In the international market, Vietnamese enterprises are at a disadvantage because of several problems in their own home market.

A recent survey of 100 enterprises in HCM City found that the number of them paying monthly salaries of more than VND10 million a month fell from 80 percent in Q2 2022 to 65 percent in Q1 2023.

Economists said only 13 out of 101 middle-income countries in the 60s managed to break through the middle-income trap by the end of 2008,...

The production and business sectors, the pillar of the economy, cannot escape the burden of borrowing costs either.

The recent stories about energy supply have once again exposed problems in Vietnam’s management thinking.

Increases in domestic consumption, production, and foreign direct investment are set to enable the economy to achieve its growth target this year.