Effective macro policies key to achieve 6.5% growth rate
GDP growth in the first quarter reached 5.66%, the highest since 2020.
GDP growth in the first quarter reached 5.66%, the highest since 2020.
Japanese firms are eager to expand in Vietnam and boost economic cooperation in various fields, including industrial support, digital transformation, high-quality workforce training, and global supply chain development.
The goal is to develop Vietnam's economy and become a regional powerhouse in Asia.
Vietnam is keen to advance collaboration with Romania in education, culture, digital economics, green and circular economies, science and technology, artificial intelligence, and emergent industries.
Leaders from both sides also reaffirmed their commitment to creating a "peace of mind" investment environment for investors.
Both countries share a vision to become high-income countries by 2045.
Vietnam has set a target of 3,000 kilometers of highways by 2025 and 5,000 kilometers by 2030.
Vietnam is one of the world's fastest-growing economies, with an economic size of US$430 billion.
The Government is prioritizing solutions to boost three main sources of growth: investment, consumption, and exports.
There are ongoing challenges in access to credit capital, with low credit growth of just 6.29% by October 11, 2023.