Vietnam’s current account surplus is forecast at 6.2 per cent of GDP in 2021 and will narrow over the coming decade as part of a general long-term narrowing trend.

Do GDP calculations take into account the fact that a taxi driver gets poorer by 10 times more as he has to spend VND100,000 on nCoV testing a day, and informal workers have no access to cheap meals in HCM City?

Vietnam's economic growth outlook remains optimistic and the economy is forecast to recover to pre-Covid-19 levels in the second half of 2021.

Southeast Asia’s economic growth will rebound to 6.2 per cent in 2021 with Vietnam achieving 8 per cent growth, according to the latest economic outlook report from Oxford Economics commissioned by chartered accountancy body ICAEW.

Vietnam is well-positioned to revive its economy this year due to a boost in private investment and exports, experts told a forum in HCM City on Monday.

Vietnam’s strong growth momentum in manufacturing is expected to continue in 2021, supported by growing external demand from trade deals such as the EVFTA, UKVFTA, and RCEP.

According to Minister of Finance Dinh Tien Dung’s latest report delivered recently at the National Assembly (NA), Vietnam achieved most of its financial goals in the last four years, including for 2020.

Since the beginning of its reform in the late 1980s, Vietnam has achieved extraordinary results in its economic development.

The country is projected to grow 6.8% in 2021 on condition that the pandemic be contained.

The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035.

Vietnam was ranked fifth in terms of global trade connectedness last year, up five places from the previous ranking in 2017, according to a report jointly released by the US’s New York University Stern School of Business and logistics giant DHL.

As the holder of the keys of the national treasury, Finance Minister Dinh Tien Dung is facing great pressure.

The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.

One of the key contents of the draft report on the implementation of the 2011-2020 Socio-Economic Development Strategy and the development of 2021-2030 Strategy is the strong development of science, technology and innovation

The government is taking a cautious view in setting its development goals for 2021, which is understandable due to lingering risks from the Covid-19 pandemic.

Vietnam has surpassed Singapore in GDP. However, only when the Vietnamese income per capita increases will people be able to truly rejoice.

Standard Chartered expects Vietnam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. 

No nation has escaped the threat of COVID-19 to lives and livelihoods, with many countries seeing cases resurge recently. 

For many years, the Vietnamese Government has always focused on setting the goal of annual GDP growth because high growth can help the country narrow the development gap with neighboring countries and the rest of the world.

Vietnam is setting specific economic timelines and targets with a desire to become a high-income country - something not many countries can do. How should that aspiration be energized?