Vietnam is well positioned to remain among Asia’s fastest-growing economies. Future success will depend on the country’s ability to leverage opportunities from international integration while developing new domestic growth drivers to support its ambition of becoming a high-income economy by 2045.
According to the article, Vietnam's economy has long been a paradox of contrasts: a manufacturing powerhouse with a youthful population, a rapidly digitising consumer base, and a government determined to balance growth with stability.
The Ministry of Finance has proposed and issued a multitude of unprecedented measures regarding taxes, fees and charges to support local residents and enterprises, including those from the Republic of Korea (RoK), to overcome global economic headwinds, Deputy Minister Cao Anh Tuan said on February 29.