Vietnam continues as the region’s top performing economy, growing at 6.9%, according to McKinsey & Company, a US multinational strategy and management consulting firm.
Retail activities in Vietnam saw an impressive 8.5% increase in February, marking a significant boost in the country's economic outlook for the early months of 2024, reported an article published on the Hong Kong-based news site bnnbreaking.com on March 6.
Many reputable international organisations have shown their optimism about Vietnamese economic outlook, predicting that the country can complete its GDP growth target of 6.5% this year.
Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced during a recent Hanoi workshop to launch a report on Vietnam’s economy in the first half of 2022.
Vietnam posted 18.3 percentage points in the Business Climate Index (BCI) in the third quarter of 2021 that was recently announced by the European Chamber of Commerce in Vietnam (EuroCham), a slight rise over the record low of 15 percentage points recorded in the most difficult time of the fourth wave of COVID-19 infections in September.