SBV has suggested sectors and localities take more measures to remove difficulties facing small- and medium-sized enterprises (SMEs), stressing that policy solutions are needed to help businesses access capital.
The agricultural sector is anticipated to face many difficulties in 2023, especially in terms of exports.
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.
Most view
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.
Though deposit interest rates have decreased, lending interest rates are still high due to policy lag.
Many international organisations continue to highlight Vietnam’s positive economic outlook in 2023 thanks to the government's concerted efforts in boosting socio-economic recovery.
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.
Despite massive woes lingering, Vietnam’s industrial production has been witnessing a gradual escape from a go-slow, with economic growth bouncing back by dint of the government’s great efforts to remove enterprises’ obstacles.
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