Vietnamese Economy Records Positive Indexes This Year: Russian Expert
. Rating agencies and the World Bank also forecast Vietnam’s growth at 6.5-7% this year and coming years. Photo: Business Forum According to Russia’s Sputnik radio, Mazyrin described GDP growth as the most outstanding success of Vietnam. Rating agencies and the World Bank also forecast Vietnam’s growth at 6.5-7% this year and coming years. In his view, 4-5% growth is also a great success of Vietnam as many countries posted negative growth amid Covid-19. Given that industrial production growth stood at roughly 9% in 11 months of this year, he said industry remains a major industry of the Vietnamese economy and Vietnam has made progress in its goal of becoming a manufacturing workshop of the world. During the period, foreign direct investment in Vietnam reached $25 billion, lower than 5% recorded in the same period last year. However, he still believed that the figure is high. He noted that capital absorption rate in Vietnam improved markedly, which rose by 15% to some $...