Vietnam has witnessed remarkable social and economic developments in the last few years. From 2017 to 2019, Vietnam's real GDP growth were roughly 6.8% to 7%, among the highest rate in the world. The growth were solidified by improvement in several other macro-economics variables: the headlines inflation were under controlled at 3% to 4% per year; foreign reserves are at all time high and are expected to surpass USD 100 Billion in 2020. The stable political climate and more favorable investment environment for foreign investors are making Vietnam as one of the most attractive nations for FDI and FII in the regions.
The pandemic in 2020 is a chance for Vietnam to exhibit its resilience. The nation is one of the few countries in the world to enjoy the positive growth rate this year thanks to the appropriate policies to control the outbreak and to the on-time stimulus packages to bolster the economy. In the next few years, as the world recovered from the pandemic, there are several tailwinds for Vietnam macroeconomics environment : the continuation of expanding middle class, the return of FDI from developed countries and resumption of consumer electronic export.(More detailed information about Vietnam macro-economics are available at Data section)
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