As an organisation gathering and representing the business community, entrepreneurs, employers and trade associations, the Vietnam Chamber of Commerce and Industry (VCCI) has performed its tasks well, making important contributions to the common achievements of the country, said Prime Minister Pham Minh Chinh at the VCCI's 12th national congress in Hanoi on December 31.
The S&P Global Ratings announced on May 21 that it has retained Vietnam’s sovereign credit rating, improving its economic outlook to 'positive' from 'stable'.
If breakthroughs in institutional reforms are achieved to improve growth quality, coupling with timely and sound fiscal and monetary policies, the Vietnamese economy could expand 6.76 percent a year during 2021-2023, according to Director of the Central Institute for Economic Management (CIEM) Tran Thi Hong Minh.
As the COVID-19 pandemic may continue to develop in an unpredictable fashion despite vaccination campaigns being carried out in many countries around the world, experts have said that Vietnam needs to identify and adopt a long-term plan for post-pandemic economic recovery.
“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years.
Prime Minister Nguyen Xuan Phuc, on October 1, chaired a meeting of the 13th National Party Congress’s sub-committee on socio-economic affairs.