Vietnam Aims for Economic Growth Through Traditional and New Drivers
Focus on stabilizing the macro-economy and exploiting new growth opportunities in 2024
With positive growth in 2024, experts emphasize the importance of effectively utilizing both traditional and new economic growth drivers. According to the Ministry of Planning and Investment, achieving a 6.5 to 7.4 percent growth rate in the third quarter is crucial for surpassing the annual target.
Economist Can Van Luc noted that while inflationary pressures may increase, the macro-economy remains stable, with a forecasted GDP growth of 6.5 to 6.7 percent for the year. Challenges include geopolitical tensions, slow global economic recovery, and internal issues like high input costs and legal obstacles in land and real estate sectors.
To maintain growth, experts recommend implementing government resolutions focused on promoting exports, investment, and consumption. Emphasizing new growth areas like the digital economy and green initiatives, alongside traditional drivers, is key to Vietnam's economic stability and development.
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Economist Can Van Luc noted that while inflationary pressures may increase, the macro-economy remains stable, with a forecasted GDP growth of 6.5 to 6.7 percent for the year. Challenges include geopolitical tensions, slow global economic recovery, and internal issues like high input costs and legal obstacles in land and real estate sectors.
To maintain growth, experts recommend implementing government resolutions focused on promoting exports, investment, and consumption. Emphasizing new growth areas like the digital economy and green initiatives, alongside traditional drivers, is key to Vietnam's economic stability and development.
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