Fitch Ratings optimistic about Vietnam's economic growth
Monday, November 13,2023![](/weblocalfiles/cuc/thang11nam2023/1311202382050fitch.jpg)
AsemconnectVietnam - Credit ratings agency Fitch Ratings on November 9 forecast Vietnam’s GDP growth to accelerate to 6.3% in 2024 and 7.0% in 2025.
Domestic fiscal and monetary policies have pivoted to provide growing support to the economy, the agency said.
It noted that the country’s growth slowed to 4.3% in the first nine months of this year amid weak external demand and lingering headwinds in the domestic property sector.
Earlier, Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6.7% for Vietnam in its latest macro-economic updates about the Southeast Asian nation.
Experts from the International Monetary Fund (IMF) also expressed their optimism about the medium-term prospects, with the national GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.
The 15th National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in GDP for the year, as part of its ongoing sixth sitting.
Source: Vietnamplus.vn
Green economy key for sustainable growth
Vietnam to export first batch of bird’s nests to China this month
Vietnam has necessary conditions, factors to develop semiconductor industry: Insiders
Steel sector sees recovery signals
DAILY: Vietnamese pepper prices increased by 1000 VND on November 10
DAILY: Vietnamese coffee prices rose by 100 VND on November 10
Online Friday 2023 to feature 500 brands, 3,000 businesses
Vietnam joins 39th Havana International Fair
Import and export of goods continued to prosper
Hanoi seeks investors for projects to ensure sustainable development
UOB 76% of Vietnamese consumers optimistic about their finances for next year
Measures needed to remove barriers in trans-border e-commerce
Vietnam’s digital economy grows fastest in SA
Cement and clinker exports brought in 1.125 billion USD in 10 months
![](/weblocalfiles/giang/thang4nam2023/542023101059camnhi_181620101619_quang_binh_5.jpg)
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
![](/weblocalfiles/huong/thang4nam2023/244202385832hung_king.jpg)
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...