Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
International economic integration was a bright spot in Vietnam’s external affairs activities in 2020, Deputy Minister of Foreign Affairs Bui Thanh Son has said.
Vietnam has emerged as an economic bright spot with a growth rate of 2.91 percent in 2020, which is attributable to the country’s efforts in containing COVID-19 and timely support policies to people and businesses, international organisations said.
Russian media have recently spotlighted Vietnam’s preparation for the 13th national congress of the Communist Party of Vietnam (CPV), as well as the country’s achievements in political, social and economic areas and external affairs.
The Times of India, on January 4, published an article explaining why Vietnam’s upcoming 13th party congress plays an important role in determining East Asia’s future trends.
The Government has recently issued Resolution No.01/NQ-CP on key measures to carry out the 2021 socio-economic development plan and State budget estimate.
The COVID-19 situation has considerably sped up the transition of manufacturing work into Vietnam and the country is uniquely positioned to take advantage of this move.
The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.
Vietnam’s diplomatic sector overcame numerous challenges throughout 2020 to create, grasp and optimise new cooperation opportunities, thus contributing to the country’s progress towards development, stated Deputy Prime Minister and Foreign Minister Pham Binh Minh.
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
Foreign media view 2020 as a truly special year for Vietnam as the country has not only performed the dual role of ASEAN Chair and a non-permanent member of the UN Security Council (UNSC) but also done a good job of concurrently containing COVID-19 and sustaining economic growth.
The Vietnam News Agency has selected the ten most significant global economic issues during the year.
Vietnam’s economy is expected to move to the 19th position in the rankings of the World Economic League Table in 2035, according to the Centre for Economics and Business Research (CEBR).
Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.
With a thriving economy, stable political system, and a rich culture, Vietnam has been a secure home for not only Vietnamese but also many international friends.
Forbes Vietnam has recently named national flag carrier Vietnam Airlines among its list of top 50 leading Vietnamese brands.
The Japan Centre for Economic Research 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.
The 12th-tenure Party Central Committee (PCC) reached high consensus on personnel work related to the 13th tenure Politburo and PCC Secretariat during the 14th session, which concluded on December 18 morning after nearly five working days, two days ahead of schedule.
Officials of the Communist Party of Vietnam (CPV) and many political parties in Uruguay engaged in an online talk on December 15, discussing ways to promote ties between the sides.
To develop tourism quickly and in a sustainable manner, Vietnam has defined island and sea tourism as a breakthrough measure in the development of the marine economy. Island and sea tourism now accounts for 70% of tourism activities in the country and has become a driving force for Vietnam’s tourism development, contributing significantly to turning it into a spearhead economic sector.