Addressing the conference, NA Chairman Hue said the 2021 and 2022 versions of the forum have provided important basis in terms of science, theory and practice for the NA to make accurate, correct and timely policy decisions on socio-economic matters in the past period full of difficulties and challenges.

NA Chairman Vuong Dinh Hue addresses the conference.

Following up on such success, the NA leader asked experts and scientists to continue contributing their recommendations and suggestions to the forum’s organizing board on this year’s event, focusing the theme, and key contents for debate.

Chairman of the NA Economic Committee Vu Hong Thanh said the Vietnamese economy has faced many difficulties and challenges since the beginning of this year, which puts great pressure on macro-economic management and the realization of growth targets for 2023 and the entire 2021-2025 term.

He stated that the 2023 Socio-Economic Forum will assess the implementation of socio-economic development plans in the first half of the term and in 2023, and seek solutions and policies to remove bottlenecks and unlock resources for the economy to rise above difficulties and continue to develop sustainably.

Thanh said the Economic Committee has chosen the theme for this year’s forum as unlocking resources, creating new impetus for growth and sustainable development. The forum is slated to take place in early September.

Vietnam forecast to be ASEAN’s fastest-growing economy

Vietnam’s economy is expected to grow 6.8% this year - the highest in ASEAN - according to the ASEAN+3 Macroeconomic Research Office (ARMO). The office also forecast economic growth in China, the Republic of Korea, and Japan in 2023.

Bac Giang reaps significant achievements in development of digital economy

The northern province of Bac Giang will pay more attention to spurring the development of the digital economy, Director of the provincial Department of Information and Communications Tran Minh Chieu has said.

How Vietnam can wake its night-time economy potential

Vietnam has attracted large numbers of both domestic and foreign tourists, but their spending is much lower compared to many other countries. Effectively tapping into the potential of the night-time economy will promote tourists’ spending and boost the local economy.

Vietnam’s green economy expected to reach $300B by 2050

Vietnam has set a target of increasing its green economy's contribution to GDP from $6.7 billion in 2020 to $300 billion by 2050, Minister of Planning and Investment Nguyen Chi Dung has said.

IMF expert considers Vietnam bright spot in world economy

Vietnam’s 8% growth in 2022 was a bright spot of the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)'s Research Department, which produces the World Economic Outlook (WEO).

Source: VNA