Spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang noted Vietnam’s attention to the BRICS membership expansion while addressing the ministry’s regular press conference on May 9.
Standard Chartered Bank has identified Vietnam as one of priority destinations among emerging economies thanks to its development potential and open-door policy.
Vietnam appears to be leading the economic recovery among four emerging economies in ASEAN known collectively as CLMV (Cambodia, Laos, Myanmar and Vietnam), with exports and manufacturing already "far above" pre-pandemic levels, according to Maybank Kim Eng.
With its accomplishments in economic development and international integration, Vietnam has become an important member of Asia and the world, Peruvian Ambassador to Vietnam Augusto Morelli has said.
Vietnam has been always very good at taking advantage of crisis to accelerate reforms and move faster and grow better, Jacques Morisset, World Bank Lead Economist and Programme Leader for Vietnam, has said.
Vietnam has been listed as the 12th strongest economy, according to The Economist’s report on the financial strength of the 66 emerging economies in the wake of the COVID-19 fallout.
Singapore-based venture capital firm Cocoon Capital has launched a new 20 million USD fund targeting seed-stage startups in emerging economies such as Vietnam, Myanmar, the Philippines and Indonesia.
Singaporean Minister for Trade and Industry Chan Chun Sing on May 21 said the Association of Southeast Asian Nations (ASEAN) should undertake a collective stance in favour of a free trading system while combating against protectionism.
Singapore’s economy is forecasted to see moderate growth in 2015 and 2016 with this year’s gross domestic product (GDP) estimated to increase 2-2.5 percent.