5th Vietnam Economic Forum to take place this week
The fifth Vietnam Economic Forum will be held in both direct and virtual forms in Hanoi on December 17 by the Party Central Committee’s Economic Commission and the Government.
VinFast exports first batch of EVs to US (Photo: VNA)
Hanoi (VNA) – The fifth VietnamEconomic Forum will be held in both direct and virtual forms in Hanoi on December 17 by the PartyCentral Committee’s Economic Commission and the Government.
Organisers said the forum will look into ways to ensure majoreconomic balances and the selection of suitable policies for 2023 and thefollowing years.
There will be a plenary session, to be co-chaired bythe Prime Minister, the head of the Economic Commission and leaders of theNational Assembly, and four thematic workshops.
The hybrid event is expected to see the participationof more than 1,000 representatives from ministries, agencies, localities,international organisations, embassies, consulates general, businesses,associations, universities and research institutes, and domestic and foreignexperts.
The five reports to be presented will look intoVietnam’s economic situation in 2022 and management orientations for 2023; theworld’s economic prospects in 2023 and policy recommendations for Vietnam; Vietnam’seconomic issues and Asia’s economic prospects next year; stabilising thefinancial market and making the financial and real estate markets healthy,creating a firm foundation for economic development in 2023; and speeding uppublic investment and paving way for corporate capital flows to create breakthroughsfor Vietnam's economic growth in 2023.
Earlier, the Ministry of Planning and Investmentforecast that Vietnam’s GDP growth will reach 8% this year in the base-casescenario, provided that there will be no major upheavals in the market but favourableexternal factors for the economy during the remaining months of the year.
In the worst-case scenario, the GDP will grow at7.5%.
Commenting on Vietnam’s economic outlook for 2023,Deputy Minister Tran Quoc Phuong said there will be both challenges andopportunities, but the former are likely to outweigh the latter and be eventougher in the wake of inflationary pressure worldwide and gloomy globaleconomic outlook./.
Effective policies applied by the Vietnamese Government have contributed to the country's positive good economic results so far this year, according to Era Dabla-Norris, Mission Chief to Vietnam and Division Chief in the International Monetary Fund (IMF)'s Asia and Pacific Department.
Vietnam’s economic growth is forecast to reach 8% this year before falling to 6.5% in 2023. The strong growth has created a positive “platform” for investment and business activities, especially mergers and acquisitions (M&A).
The State Bank of Vietnam (SBV)’s recent decision to increase credit room by 1.5-2% for credit institutions aims to increase resources and the supply of credit to businesses and key sectors of the economy, SBV Deputy Governor Dao Minh Tu has said.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
VinFast exports first batch of EVs to US (Photo: VNA) 
