Vietnam projects 2021 GDP growth at 6-6.5%

  • The Vietnamese government expects the economy to rebound from 2020’s pandemic-related problems to post 6-6.5% growth in 2021.
  • The government has emphasized that both economic recovery and pandemic prevention will be main goals for the coming time, according to a government resolution announced on 17 Sep 20 by the Government Office.
  • It has asked the central bank to continue implementing an active, flexible monetary policy, ensuring inflation control and macroeconomic stability, and the Ministry of Planning and Investment to proactively promote policies to attract foreign investment.
  • It has also required the Ministry of Industry and Trade to boost exports to potential markets, stimulate domestic consumption, and strengthen prevention of smuggling and trade fraud.

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