Vietnam’s economy expected to grow at solid pace in 2024-2025: ADB
Given global uncertainties, policies in 2024 would therefore need to combine short-term growth support measures with long-term structural remedies to promote sustainable growth
Given global uncertainties, policies in 2024 would therefore need to combine short-term growth support measures with long-term structural remedies to promote sustainable growth
Manufacturing for export is regaining momentum, alongside a promising outlook for long-term foreign direct investment.
This represents the highest growth rate for the same three-month period compared to the years 2020 through 2023.
The outlook for the beginning of this year is expected to be more positive than in the first quarter of 2023 when GDP grew by 3.32%.
Immediate efforts are required from the outset of the year to ensure that 2024 will be a year of accelerated and robust economic development.
Many international organizations have predicted that Vietnam's economy in 2024 could outperform that of 2023.
The target underscores the Government's commitment to fostering sustainable economic and social development.