Vietnam forecast to post faster growth over other countries in 2023: CIEM
(VOVWORLD) - Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) told the Vietnam Economic Pulse forum held in Hanoi on Thursday.
Of the 28.8 billion USD in foreign direct investment (FDI) registered, 20.2 billion USD was implemented, the highest over the last five years. Vietnam has also delivered on proper control of inflation.
Despite the positive results, researchers also pointed out certain problems affecting economic growth this year, including those related to the corporate bond market, the real estate market, and foreign trade.
Though economic growth is high, it still failed to meet the target of 6.5%, which may impact the development roadmap to 2030, they noted.