With quality breakthroughs in institutional reforms leading to improved growth quality and faster recovery, the average GDP growth rate would reach 6.76 percent per year in the 2021 – 2023 period, Director of the Central Institute for Economic Management (CIEM) Tran Thi Hong Minh told a workshop in Hanoi on April 22.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has requested that credit growth be achieved in tandem with improving credit quality, with a focus on manufacturing and priority areas.
Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.
The Prime Minister affirmed: “The larger the scale is, the more difficult it will be to achieve a percentage point in growth, but it is not impossible.”
The Fourth Industrial Revolution could increase Vietnam’s GDP by between 28.5 billion USD and 62 billion USD by 2030, equivalent to a rise of 7-16 percent, according to the Central Institute for Economic Management (CIEM).
The subcommittee in charge of economic-social affairs for the 13th National Party Congress has requested localities in the southern key economic region to assess their socio-economic development in the past five years and make recommendations on the directions and tasks for the next five and 10 years and a vision to 2045.
How to capitalise on the advantages and opportunities created by economic integration and make breakthrough from growth drivers were the main themes of an economic conference held in Ho Chi Minh City on March 12.
Optimising all opportunities, even the smallest, to create development breakthroughs is one of the central tasks set for the Ministry of Planning and Investment in 2019, Minister Nguyen Chi Dung has said.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc has emphasised the need to attach due importance to the role of business households so as to fuel economic growth with greater strength.
Prime Minister Nguyen Xuan Phuc has tasked the national steering committee on economic restructuring and growth model reform with seeking ways to create new momentum for the national economy.
The quality of Vietnam’s economic growth in 2011-2017 has improved in many aspects with high expansion of gross domestic product (GDP) and increasing labour productivity and incremental capital output ratio (ICOR).
Some lawmakers described economic growth in 2017 and the first months of 2018 as impressive and applauded the Government’s efforts to achieve that outcome while discussing socio-economic issues on May 25.
Economic experts discussed measures to improve the quality of economic growth in a workshop held by the Central Institute for Economic Management (CIEM) in Hanoi on March 11.
Prime Minister Nguyen Xuan Phuc emphasised the need to ensure the quality of growth and people’s living standards at the same time while addressing the Cabinet’s meeting in Hanoi on April 2.
Some 400 delegates from 20 countries and territories will attend the 21st Annual Conference of the Asian Science Park Association (ASPA) scheduled for October 19-21 in Ho Chi Minh City.
President Tran Dai Quang has asked authorities of the northern mountainous province of Lao Cai to take synchronous measures to improve growth quality and promote economic development in a more rapid and sustainable manner.
The Ho Chi Minh City People’s Council opened the fifth session in the ninth tenure on July 4 with the quality of local economic growth among issues high on the agenda.
The 12th Party Central Committee debated the project on major guidelines and policies to renew the growth model and improve growth quality, productivity and the competitiveness of the economy.
Chairwoman of the HCM City People’s Council Nguyen Thi Quyet Tam urged the municipal People’s Committee act immediately to implement resolutions passed by the council and improve growth quality.
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