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Economy

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Vietnam to resume rapid economic growth over medium term: foreign media

Vietnam is expected to resume rapid economic growth over the medium-term economic outlook, and this “rising star” will be one of the fastest growing emerging markets in Asia.

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Foundation for economic recovery and growth

Due to the economy's high openness, it will be tough for Vietnam to make a breakthrough in the remaining months of the year in order to meet its 6.5% growth target.

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Lending interest rates need to be further reduced

Though deposit interest rates have decreased, lending interest rates are still high due to policy lag.

Creating momentum for the private economy to develop

Creating momentum for the private economy to develop

Accompanying the country’s socio-economic development over many periods, the private economy has grown continuously in both size and quality, being affirmed as an important component and engine of the economy.