The World Bank has raised its 2026 growth forecast for Việt Nam to 7.4 per cent, citing strong manufacturing and exports of high-tech and AI-related goods, while rising AI adoption is creating new opportunities for productivity and growth.
Việt Nam’s new upper-middle-income status marks an important milestone in its development journey, but sustaining growth and achieving high-income status by 2045 will require stronger reforms, greater productivity and more innovation, according to the World Bank.
Tehmina Khan, the World Bank''s lead economist for Việt Nam, Cambodia and Lao PDR, spoke with Việt Nam News Agency about the country''s economic outlook amid rising global uncertainty.
Mariam J. Sherman, the World Bank’s Division Director for Việt Nam, Cambodia and Lao PDR, tells Vietnam News Agency how reforms, resilience and global integration fuelled Việt Nam''s rise in the past few decades.
Increasing public investment and domestic business activities will be key to reaching the growth target this year as export demand is forecast to slow, says a World Bank economist.
A fundamental issue in Việt Nam which needs to be overcome to ensure healthy and sustainable growth is the underdevelopment of the institutional investor base.
The central city and the World Bank (WB) will be boosting co-operation in building digital databases as a crucial step towards full digitalisation and becoming a ‘smart’ city.
The PM affirmed that the Vietnamese Government considers the WB and IFC crucial development partners, which have supported and contributed to the nation’s socio-economic development through policy advice and financial assistance for ODA projects, preferential loans and loans for the...