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HANOI: Leading economists have an optimistic growth outlook for Vietnam in 2021 despite the Covid-19 pandemic.
According to the Ministry of Planning and Investment, key indexes show the economy is bouncing back well and showing an optimistic trend.
In the first four months of this year, total retail sales of goods and consumer service revenue topped 1.69 quadrillion Vietnemese dong (more than US$73bil or RM300bil), up 10% year-on-year, while exports were estimated at US$103.9bil (RM427bil), rising 28.3%.
Assoc Prof Dinh Trong Thinh, a senior economist at the Academy of Finance, said nearly 44,200 new enterprises were established during the four months, registering 627.7 trillion Vietnemese dong and more than 340,000 employees. The figures respectively grew 17.5%, 41%, and 7.8% from a year earlier.
Bright growth outlook for Vietnam in 2021: experts Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
10/05/2021 10:18 GMT+7
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
Export-oriented processing and manufacturing is believed to be one of the growth drivers in 2021. According to the Ministry of Planning and Investment, key indexes show that the economy is bouncing back well and showing an optimistic trend. In the first four months of this year, total retail sales of goods and consumer service revenue topped 1.69 quadrillion VND (over 73 billion USD), up 10 percent year on year, while exports were estimated at 103.9 billion USD, rising 28.3 percent.