Chinese media praises Vietnam’s economic achievements, outlook

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.

Chinese media also highlighted Vietnam’s proactive efforts in industrial upgrade and transformation, focusing on switching from traditional labour-intensive to technology-driven industries. (Photo: VNA)
Chinese media also highlighted Vietnam’s proactive efforts in industrial upgrade and transformation, focusing on switching from traditional labour-intensive to technology-driven industries. (Photo: VNA)

Beijing (VNA) – Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.

According to these reports, Vietnam's economy demonstrated robust growth this year, with GDP expanding by 6.42% in the first half and projected to surpass 6.8% for the entire year. Optimistic forecasts suggest growth could even reach 7%, exceeding the Vietnamese Government’s expectations and outperforming the average growth rate in recent years.

Looking ahead to 2025 and beyond, the Southeast Asian country is expected to maintain its growth momentum, achieving breakthroughs and diverse development across various sectors. Its export-driven industries are projected to continue thriving as the global economy gradually recovers and its role in global supply chains strengthens. Domestic consumption and investment are also anticipated to serve as key drivers of economic growth.

Chinese media also highlighted Vietnam’s proactive efforts in industrial upgrade and transformation, focusing on switching from traditional labour-intensive to technology-driven industries. The Government is ramping up support for high-tech and green energy sectors, boosting the economy’s value-added potential and competitiveness.

Tourism, assessed as a key pillar of Vietnam’s economic growth, is poised for a boom as the global tourism market recovers and local infrastructure is being improved. The nation is also making progress in digital economy development and technological innovation, integrating advanced technologies like the Internet, Big Data, and Artificial Intelligence (AI) into its real economy. This integration is anticipated to inject fresh vitality into the economy, improving production efficiency and service quality, and driving high-quality development.

Furthermore, Chinese media spotlighted Vietnam’s active participation in international cooperation, regional integration, as well as economic, trade and people-to-people exchanges with neighbouring nations. Through promoting mechanisms like the Regional Comprehensive Economic Partnership (RCEP), the country is expected to play an increasingly pivotal role in this realm./.

VNA

See more

Malaysia bans single-use plastic bags at public sites (Photo: Bernama)

Malaysia bans single-use plastic bags at public sites

Malaysia will ban the use of single-use plastic bags in forest reserves, national and state parks, marine parks, and geological heritage sites and geosites, as part of efforts to curb environmental pollution.

Minister Datuk Fahmi Fadzil (Photo: The Edge)

Malaysia develops space technology

Malaysia is ramping up efforts to develop its space technology, with a particular emphasis on the deployment of Low Earth Orbit (LEO) satellites.

People visit the exhibition. (Photo: VNA)

Indonesia honours Islamic civilisation

The exhibition aims to demonstrate the values of Islam as expressed through art and culture in Indonesia and narrates the historical journey of Islam in the archipelago.

Malaysian Digital Minister Gobind Singh Deo. (Photo: Bernama)

Malaysia committed to drive digital economy framework

Malaysian Prime Minister Anwar Ibrahim will work with ASEAN regional leaders to implement the agreement as soon as possible to have an economic impact, not only on Malaysia, but also on the region in the near future.

Malaysian Prime Minister Anwar Ibrahim (L) and Thai counterpart Paetongtarn Shinawatra (Photo: Bernama)

Malaysia, Thailand commit to closer ties

According to the Malaysian Ministry of Foreign Affairs, Thailand ranked as Malaysia’s seventh largest trade partner globally and third within ASEAN last year, with a total trade volume reaching 25.03 billion USD.

Participants in the "Amazing Thai to the World" project, initiated by Thacca, focus on enhancing the culinary skills of village cooks across Thailand. (Photo: Bangkok Post)

Drive to promote Thai soft power heats up

A significant upskilling and reskilling initiative is needed for Thais, aimed at creating "soft power warriors" for the nation, with a target of 20 million trained individuals by 2027.

Chinese tourists entering Vietnam through Huu Nghi International Border Gate, Lang Son. (Photo: VNA)

Culture, tourism give wings to China-Vietnam relations: expert

In her article posted on the Global Times of China, Liu Xiangyan, associate researcher of the Institute of International Studies at the China Tourism Academy, wrote that with the improvement of transportation networks and enhanced regional cooperation, the two countries have become each other's major markets of tourist sources.

Vietnamese Party General Secretary To Lam (R) receives Party General Secretary and President of China Xi Jinping (Photo: VNA)

Top Chinese leader’s state visit to Vietnam a great success: Chinese foreign ministry

Vietnam and China agreed to continue promoting the bilateral friendship, supporting each other in pursuing the socialist path that suits the conditions of each country, enhancing strategic trust to a new level, building a more substantial security cooperation pillar, and utilising opportunities to develop China's new high-quality productive forces and Vietnam's new productive forces to strengthen a broader, more comprehensive cooperative model.