“Vietnam has in recent decades posted consistently high growth rates, even in the face of periodic challenges including large trade deficits and high inflation,” says Hanh. “This transformation into a thriving upper middle-income economy is a powerful testament to the potential we are committed ...
If effectively developed, the data economy could contribute significantly to Vietnam’s GDP growth and its ambition to become an upper-middle-income country by 2030 and a high-income country by 2045. This growth is not only sustainable but also contributes to building a knowledge-based economy....
After Vietnam finished 2019 with impressive growth rates, leaders are optimistic that the country is on a stable trajectory to join the ranks of upper-middle-income or even high-income nations within a few decades. Prime Minister Nguyen Xuan Phuc explained late last year at a meeting wit...
The Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its gross domestic product (GDP) will surpass that of China’s Taiwan in 2035. The JCER recently released a medium-term forecast of Asian economies entitled “Asi...
On the other hand, Vietnam's two centennial goals are to develop the country into a modern industrial base and upper-middle income society by 2030, the centenary of the founding of the CPV, and transform the country into a high-income society by 2045, the centenary of the establishment of...
With Vietnam projected to become an upper-middle-income country by 2030 and a high-income country by 2045, the development of baseload power sources is of utmost importance. The goal, as directed by the Prime Minister, is to have a nuclear power plant operational by 2030 at the earliest ...
According to Euromonitor "the real estate market is also predicted to continue thriving as market demand for apartments from upper-middle-income urban consumers is expected to surge over the forecast period". It goes on to say that considering the expected rise in the number of foreign business...
In high and upper-middle income countries poly-victimisation (exposure to multiple forms of victimisation) is associated with worse health-related quality of life (HRQoL) among adolescents. There is a lack of empirical evidence about these associations from low- and lower-middle income countries. ...
Further, GDP growth in the first quarter reached 5.66 percent, the highest in three years, and the economy's scale reached US$430 billion, “placing Vietnam among upper-middle-income countries”. The average consumer price index (CPI) increased by 3.93 percent year-o...
Some economists believe Vietnam could fall into the middle-income trap and become too expensive to remain globally competitive, the Vietnamese economy still has enormous potential and remains one of Asia’s most promising markets. Trading Crypto in Vietnam ...