World

Algerian media hails Vietnam’s impressive economic growth amid global volatility

According to the articles, which cited a statement from the Vietnamese Government, Vietnam’s GDP growth in the third quarter reached 8.2% – the highest level since 2011, excluding the strong post-pandemic rebound in 2022.

Cai Mep - Thi Vai Port is the only seaport cluster in Vietnam that can receive super-large container ships with a capacity of up to more than 200,000 DWT. (Photo: VNA)
Cai Mep - Thi Vai Port is the only seaport cluster in Vietnam that can receive super-large container ships with a capacity of up to more than 200,000 DWT. (Photo: VNA)

Hanoi (VNA) – Algerian media outlets on October 6 published articles, praising Vietnam’s impressive economic achievements amid ongoing global uncertainties, emphasising that the country is affirming its position as one of the most dynamic economies in Asia.

According to the articles, which cited a statement from the Vietnamese Government, Vietnam’s GDP growth in the third quarter reached 8.2% – the highest level since 2011, excluding the strong post-pandemic rebound in 2022. In the previous quarter, GDP expanded by 7.96%, bringing the average growth rate in the first nine months of the year to 7.8% year-on-year.

Several newspapers also quoted Minister of Finance Nguyen Van Thang as saying that this was “the highest quarterly growth rate in more than a decade,” reflecting the flexibility and resilience of the Vietnamese economy amid challenges in global trade, including new US tariffs and rising disaster-related costs.

Algerian analysts observed that Vietnam’s ability to maintain robust growth while many major economies are slowing down reflects its macroeconomic stability, attractiveness to foreign investors, and the effectiveness of its reform policies. Vietnam aims to become an upper-middle-income country by 2030, with growth projected to reach 8% in 2025, up from 7.1% in 2024.

According to Algerian press coverage, the momentum of Vietnam’s economy showcases a balanced development model that combines industrialisation, international integration, and green transition, offering a valuable lesson for many developing economies in Africa and the Mediterranean region./.

VNA
#Algeria #media outlets #Vietnam's GDP growth Algeria
Follow VietnamPlus

Related News

Vietnamese Ambassador to Algeria Tran Quoc Khanh (R) and Abdelkader Toumi, President of the Chamber of Commerce and Industry of Batna province, at their meeting on September 16. (Photo: VNA)

Vietnam, Algeria boost multi-sector cooperation

Vietnamese Ambassador to Algeria Tran Quoc Khanh on September 16 had a working session with Abdelkader Toumi, President of the Chamber of Commerce and Industry of Batna province, which is twinned with Dien Bien province of Vietnam, and representatives of Algerian enterprises to seek ways to expand cooperation in various fields.

See more

The forum on ASEAN's role in the Indo-Pacific region and prospects for cooperation with Argentina takes place on September 10 (Photo: VNA)

ASEAN highlights its central role in Indo-Pacific

The Ambassador of Indonesia, the country holding the rotating chairmanship of ASEAN in Argentina, stressed that maintaining peace and stability, along with an open, transparent regional environment based on mutual respect, are fundamental conditions for a peaceful, inclusive, and prosperous Indo-Pacific.

A street in Bangkok, Thailand. (Illustrative photo: Xinhua/VNA)

Thailand’s business activity shows signs of gradual recovery

As of August 31, Thailand had more than 1 million active legal entities with total registered capital of 24.13 trillion THB. The service sector accounted for the largest share, with 552,830 entities, or 54.48%, followed by wholesale and retail with 332,791 entities (32.79%) and manufacturing with 129,215 (12.73%).

Prime Minister Hun Manet (front row, centre) and Labour and Vocational Training Minister Heng Sour (front row, right) visit a garment factory in Preah Sihanouk province. MLVT (Photo: khmertimeskh.com)

Cambodia records 7,458 more enterprises in three years

A Cambodian official said that the growth should not be assessed solely by the number of newly established enterprises and facilities, but also by their contributions to investment, production, job creation and household incomes.

The ASEAN Senior Officials’ Meeting (SOM) convenes in Manila, the Philippines, on September 9. The Vietnamese delegation is led by Deputy Minister of Foreign Affairs Dang Hoang Giang (fifth, left), head of the ASEAN-Vietnam SOM.(Photo: asean.org)

Vietnam calls for stronger ASEAN unity, resilience

Deputy Minister of Foreign Affairs Dang Hoang Giang urged ASEAN to make full use of existing mechanisms to enhance dialogue, build trust and prevent risks and conflicts, particularly by strengthening the Treaty of Amity and Cooperation in Southeast Asia (TAC), the Southeast Asia Nuclear Weapon-Free Zone Treaty (SEANWFZ), and cooperation based on international law.

Timor-Leste President Jose Ramos-Horta (Photo: VNA)

Timor-Leste diversifies economy, seeks to attract investment

The President noted Timor-Leste is pursuing sustainable development, stronger regional connectivity and expanded international cooperation while seeking investment opportunities in energy, tourism and emerging economic sectors to reduce its dependence on oil and gas revenues.

Minister Counsellor Nguyen Hai Luu, Deputy Permanent Representative of Vietnam to the UN (Photo published by VNA)

Vietnam cooperates with UN to advance gender equality

Minister Counsellor Nguyen Hai Luu highlighted Vietnam’s positive achievements in promoting gender equality, noting that 13 of the 20 targets under the national strategy on gender equality had been met or exceeded by 2025.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam meets with Russian President Vladimir Putin in Moscow on September 9, 2026. (Photo: VNA)

Russian public, experts praise top Vietnamese leader’s visit

Positive reactions to General Secretary and President To Lam’s visit have reaffirmed Vietnam’s steady foreign policy amid global changes, while highlighting the enduring trust and friendship between Vietnam and Russia, which are working together to create new breakthroughs in bilateral cooperation.

Thailand eases rules for foreign enterprises

Thailand eases rules for foreign enterprises

The regulatory adjustment is part of Thailand's efforts to simplify regulations governing foreign business operations and clarify licensing requirements, while simultaneously fostering economic development and enhancing the country's international competitiveness.