Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the whole 2024 on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply shifts.

Vietnam’s capacity to build long-term strategies is key for the country’s economic growth despite unprecedented difficulties brought by COVID-19 pandemic, according to Acting Director of the Far East Institute at the Russian Academy of Sciences Prof. Dr. Aleksey Maslov.

The Ministry of Industry and Trade (MoIT) on March 29 released the Vietnam Import-Export Report 2016 that gives an overall and systematic assessment of the country’s external trade in the past year.