Vietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country.
Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.
Vietnam will record positive economic growth in 2021, at around 6-7 percent, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign, said Jonathan Ostry, Deputy Director of the Asia and Pacific Department of the International Monetary Fund (IMF).
The International Monetary Fund (IMF) has downgraded Indonesia’s economic growth projection to 4.3 percent in this year, down 0.5 percentage point compared to its forecast in February.
Foreign direct investment (FDI) poured into the Philippines in January grew 41.5 percent year on year to 961 million USD, according to the country’s central bank Bangko Sentral ng Pilipinas (BSP).
Vietnam’s economy is set to grow at 6.5 percent this year, higher than the global average of 6 percent, as it shrugs off the impacts of COVID-19 pandemic, according to the lastest world economic outlook published by the International Monetary Fund on April 7.
German’s DVZ e-newspaper has run a story by Claudius Semmann highlighting Vietnam’s success in controlling the COVID-19 pandemic and secure economic development, maintaining its bright outlook amid the global crisis.
Private investments in Vietnam have reached a new peak in contrast to the trend towards decline around the world and in the ASEAN region due to the impact of COVID-19.
The Indonesian economy is gradually recovering, owing in part to a bold, comprehensive, and coordinated policy response to address the socio-economic hardship inflicted by the COVID 19 pandemic in the first half of 2020, according to the International Monetary Fund (IMF).
German media outlets have run articles covering the 13th National Congress of the Communist Party of Vietnam (CPV) and highly evaluated the country’s anti-COVID-19 efforts and economic achievements and prospects for future development.
Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop on the issue held in Hanoi on January 26.
Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18.
Vietnam has shown that there is indeed an effective way to deal with the COVID-19 pandemic, even in the absence of a vaccine that can allow an economy to recover, according to Helge Berger, Assistant Director of the Asia & Pacific Department at the International Monetary Fund (IMF).
The Sputnik news agency of Russia recently published an article that reviewed commentaries on Vietnam posted by Russian and other countries’ press outlets, reflecting Vietnam’s COVID-19 combat and achievements in different areas, especially diplomacy and economy.
Vietnam has opportunities to access a wide commercial capital market which allows the country be more active and flexible in capital mobilisation and use in order to compensate for the shrinking ODA, said Truong Hung Long, head of the MoF’s Department of Debt Management and External Finance.
The Ministry of Finance (MoF) held a seminar with the International Monetary Fund (IMF) on November 19 to discuss risk management of re-lending foreign loans and government guarantees.
Vietnam is shaping up as Southeast Asia's single economic success story in the coronavirus era, maintaining steady positive growth as other economies struggle to recover, Nikkei Asia reported on November 19.
A joint SBV-IMF high-level conference, themed “Securing Growth and Resilience in the ASEAN: Policies for the Post-COVID-19 World”, was held in Hanoi on November 10.
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