2022 has been a tumultuous year for the world economy. The far-reaching effects of the COVID-19 pandemic and conflict have negatively affected the world, including Vietnam, which is an open and export-oriented economy. However, thanks to appropriate and timely policies, Vietnam has gradually overcome the difficulties, recorded high growth, and become a bright spot in the world economy.
Prime Minister Pham Minh Chinh chaired the Government’s monthly law-building session on September 22, with a focus on response to the current global situation and some policies and laws.
Indonesia’s creative economy could contribute up to 20 percent to the global economy, according to Minister of Tourism and Creative Economy, Sandiaga Uno.
President Joko Widodo has said Indonesia will encourage concerted efforts to recover the world economy in accordance with the theme of “Recover Together, Recover Stronger” during its G20 presidency.
Vietnam has been a highly responsible and enthusiastic member of ASEAN in the past 25 years since its membership of the bloc, Dr. Munir Majid, Chairman of ASEAN Business Advisory Council Malaysia (ASEAN-BAC Malaysia) has said.
In the context of complicated developments in the Asia-Pacific region in general and the East Sea in particular, Vietnam’s approach to regional issues has made significant contributions to peace development in the region, said a Russian expert.
Foreign ministers from six Mekong-Lancang Cooperation (MLC) countries have highlighted the importance of an open world economy and the maintenance of a rules-based multilateral trade system with the World Trade Organisation at its core.
The ongoing US-China trade war will greatly impact on the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Vietnam.
The APEC region will maintain its motive force position in the global economy and continue contributing to the world economic growth through huge production, consumption, and services supply power.
Vietnam will work with the member states of the Trans-Pacific Partnership (TPP) agreement to reach a consensus on future orientations for the deal, Foreign Ministry’s spokesperson Le Thi Thu Hang said
The domestic small- and medium-sized enterprises (SMEs) should define positions in the global supply chain to gain success in integrating into the world economy.
Business
