Chinese media assesses Vietnam’s economic prospects positively

Chinese media assesses Vietnam’s economic prospects positively
Chinese media assesses Vietnam’s economic prospects positively

On December 18, Chinese media, such as Thepaper, CRI, Sohu, Chinaas well as the Guangdong Electronic Commerce Association and BWC, … published positive articles on Vietnam’s economic achievements in 2024 and its prospects for 2025.

By 2025, Vietnam is expected to maintain its growth momentum.
Photo : VNA/CVN

They highlight Vietnam’s GDP growth of 6.42% in the first half of 2024, with annual growth forecasts exceeding 6.8%, possibly reaching 7%. This result exceeds the expectations of the Vietnamese government and is higher than the average of previous years.

Looking to 2025 and beyond, the Southeast Asian country is expected to maintain its growth momentum, achieve breakthroughs and diversified development in various sectors. The country’s export activities would continue to grow, supported by the global economic recovery, and Vietnam’s position in supply chains will be strengthened. Domestic consumption and investment will also become important drivers of growth.

Chinese media also highlighted Vietnam’s proactive efforts in industrial modernization and transformation, emphasizing the shift from traditional, labor-intensive industries to technology-driven industries.

The government is strengthening its support for the high-tech and green energy sectors, thereby strengthening the value-added potential and competitiveness of the economy.

Tourism, with its abundant resources, will continue to be a pillar of economic growth. Vietnam also encourages the development of the digital economy and technological innovation, integrating technologies such as AI and Big Data into the real economy.

In addition, Chinese media have highlighted Vietnam’s active participation in international cooperation, regional integration, as well as economic, commercial and people-to-people exchanges with neighboring countries. By promoting mechanisms such as the Regional Comprehensive Economic Partnership (RCEP), the country is expected to play an increasingly central role in this area.

VNA/CVN

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