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Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29.
Vietnam's economy in Q1/2024 shows strong recovery and positive results across various sectors, setting the stage for successful the achievement of the 2024 socio-economic development plan.
The Asian Development Bank (ADB) has forecast Vietnam's Gross Domestic Product (GDP) at 6% for 2024, according to the Asian Development Outlook (ADO) released on December 13.
The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024, with the highest GDP growth rate forecast at 6.5%.
Under the National Master Plan for 2021-2030 with a vision to 2050, Vietnam strives to reach a GDP growth rate of approximately 7 percent per year during the 2021-30 period. By 2030, GDP per capita at current prices is expected to be around 7,500 USD.
GDP growth faster than expected, border reopening, and fuel shortages in many localities are among the top 10 events that shaped Vietnam in 2022, as selected by Vietnam News Agency.
GDP growth faster than expected, border reopening, and fuel shortages in many localities are among the top 10 events that shaped Vietnam in 2022, as selected by Vietnam News Agency.
The National Assembly passed a resolution on socio-economic development tasks for 2023 at its year-end session on November 10, with GDP projected to expand by 6.5%.
Despite moderation in July exports this year, Moody's Analytics - a unit of Moody's Corporation, has forecast Vietnam's GDP growth in 2022 to reach 8.5% - the highest among its peers in the Asia-Pacific region.
The Ministry of Planning and Investment (MPI) is coordinating with relevant ministries, sectors and localities to study and build a programme on economic recovery and development in association with improvement of the economy's internal capacity and self-reliance by 2023, with a goal to achieve an annual average GDP growth rate of 6.5-7 percent during 2021-2025.
Vietnam is aiming for GDP growth of 6% in 2021 under a socio-economic plan recently adopted by the National Assembly (NA).
Vietnam's GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.
Last year Vietnam achieved a GDP growth of 7.08%, exceeding the target set by the National Assembly. More particularly, export revenue posted an impressive result, bringing Vietnam into the company of the world's leading exporters.
Prime Minister Nguyen Xuan Phuc chaired the Government's regular meeting on December 27, during which he shared that Vietnam's GDP growth rate rose 7.08% in 2018 - the highest ever in the past 11 years.
GDP growth rate is likely to reach a decade high of 6.9 - 7 percent in 2018 and maintain the pace of 7 percent next year, according to the National Financial Supervision Committee (NFSC).
With 92.16% of votes, the National Assembly passed the Resolution on socio-economic development plan for 2019.
Vietnam's gross domestic product (GDP) growth is commonly forecast to be good, but not high, in 2018 by domestic and international institutions.
2017 is considered a special year as Viet Nam has comprehensively accomplished the 13 socio-economic development norms and attained the 6.7% GDP growth rate, the highest level over the last ten years.
The year 2017 is a successful year of the industrial sector as it posted high export growth and industrial production index, contributing significantly to the province's GDP growth, creating jobs, boosting goods sales, and spurring socio-economic development.
The Prime Minister has set specific socio-economic targets for 2017 for five ministries, with the Ministry of Planning and Investment tasked with striving for 6.7% GDP growth and 4% inflation.
The National Assembly (NA) on November 7 adopted a resolution on the socio-economic development plan for 2017, which aims for a gross domestic product (GDP) growth rate of about 6.7%.
Prime Minister Nguyen Tan Dung suggested Cabinet members raise the national GDP growth rate target from 6.7 percent to 7 percent in 2016.
Over the past 9 months, Vietnam's GDP growth rate stood at 6.5%, the highest rate in recent, which shows the national economy has maintained its momentum.
Gross domestic product (GDP) growth rate was estimated at 6.11 percent in the first half of 2015, compared to the 5.18 percent in the same period last year, statistics revealed at a meeting on June 24.
The Vietnamese economy grew 6.03 percent within the first quarter compared to that of 2014, the highest figure in a positive Q1 growth trend maintained from 2011 through 2014, unveiled the General Statistics Office (GSO) on March 26.
