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5th Vietnam Economic Forum to take place this week

The fifth Vietnam Economic Forum will be held in both direct and virtual forms in Hanoi on December 17 by the Party Central Committee’s Economic Commission and the Government.
5th Vietnam Economic Forum to take place this week ảnh 1VinFast exports first batch of EVs to US (Photo: VNA)
Hanoi (VNA) – The fifth VietnamEconomic Forum will be held in both direct and virtual forms in Hanoi on December 17 by the PartyCentral Committee’s Economic Commission and the Government.

Organisers said the forum will look into ways to ensure majoreconomic balances and the selection of suitable policies for 2023 and thefollowing years.

There will be a plenary session, to be co-chaired bythe Prime Minister, the head of the Economic Commission and leaders of theNational Assembly, and four thematic workshops.

The hybrid event is expected to see the participationof more than 1,000 representatives from ministries, agencies, localities,international organisations, embassies, consulates general, businesses,associations, universities and research institutes, and domestic and foreignexperts.

The five reports to be presented will look intoVietnam’s economic situation in 2022 and management orientations for 2023; theworld’s economic prospects in 2023 and policy recommendations for Vietnam; Vietnam’seconomic issues and Asia’s economic prospects next year; stabilising thefinancial market and making the financial and real estate markets healthy,creating a firm foundation for economic development in 2023; and speeding uppublic investment and paving way for corporate capital flows to create breakthroughsfor Vietnam's economic growth in 2023.

Earlier, the Ministry of Planning and Investmentforecast that Vietnam’s GDP growth will reach 8% this year in the base-casescenario, provided that there will be no major upheavals in the market but favourableexternal factors for the economy during the remaining months of the year.

In the worst-case scenario, the GDP will grow at7.5%.

Commenting on Vietnam’s economic outlook for 2023,Deputy Minister Tran Quoc Phuong said there will be both challenges andopportunities, but the former are likely to outweigh the latter and be eventougher in the wake of inflationary pressure worldwide and gloomy globaleconomic outlook./.
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