Vietnam’s economic stimulus package targets pillar industries

(VOVWORLD) - Adaptation to the “new normal” and sustainable development were the focus of an online forum held on Wednesday by the Vietnam Financial Time newspaper.
Vietnam’s economic stimulus package targets pillar industries - ảnh 1(Photo: dangcongsan.vn)

Doctor Vu Dinh Anh, a financial and banking expert, suggested Vietnam’s economic stimulus package be closely monitored. He stressed the need to carefully oversee the financial market, securities market, and corporate bonds to prevent them from diverting to the wrong direction.

Professor Doctor Hoang Van Cuong, Vice President of the National Economics University, told the forum, “The stimulus package must target the industries which spur Vietnam’s economic growth - export, manufacturing, and processing. We expect these pillar industries to retain their growth momentum in 2022 and seize opportunities, as the world economy opens this year, to conquer more foreign markets. Our key, and challenge at the same time, is a fearless, safe, and consistent market-reopening roadmap. Without it, our trade, services, and tourism have no chance to rebound.”            

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