National economy shows signs of recovery after 2 years of pandemic impact

(VOVWORLD) - Vietnam’s GDP reached 5.03% this year against 4.72% last year and 3.66% in the previous year.
National economy shows signs of recovery after 2 years of pandemic impact - ảnh 1(Photo: tapchitaichinh.vn)

The General Office of Statistics has reported that growth has been recorded across the fields, from manufacturing, aquaculture, construction, and services.

The Office Deputy Director General Nguyen Trung Tien said, “Those are positive and encouraging results which proves the obvious results of the Government Resolution No 128. We forecast growth rate for quarter 1 this year between 4.9% and 5.4%.”

Economist Hoang Van Cuong said about 25,600 businesses have resumed operation, an increase of 73.6%, proving their readiness to run and expand businesses.

This is attributed to the Government Resolution 128 and its facilitation of normal resumption of business operation as well as flexible and safe pandemic control.

“These results generated from our lenient policies to businesses over the past 2 years, including tax reduction and extension, the financial and monetary support package issued by the Government and our persistent policy towards opening,” said Cuong.

 

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