2023 forecasted to be difficult year for global economy and Vietnam's economy
2023 is forecasted to be a difficult year for the global economy in general and Vietnam's economy in particular.
Worries loom despite steady economic recovery
Even though the economy is making a steady recovery post-pandemic, many financial experts believe that only more flexible and extreme drastic measures and policies could prevent the country from falling into an impending recession.
Investors stress over falling stock market
The stock market in Vietnam fell into group of world's strongest falling markets when it lost 11.6 percent of its value in September.
Vietnam strives for GDP growth of 6.5-7 percent annually during 2021-2025
The Ministry of Planning and Investment (MPI) is coordinating with relevant ministries, sectors and localities to study and build a program 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.
Amendment of foreign co-operation, investment activities in education
The Ministry of Education and Training has just announced some amendments to foreign co-operation and investment activities in education.
GDP growth rate strongly increases in third quarter
Gross Domestic Product (GDP) growth rate has been up quarter by quarter this year and reached 7.46 percent in the third quarter, a strong increase compared to 5.15 percent the first and 6.28 percent in the second quarter.