Outlook of Vietnamese economy to be scrutinized this week

Key indicators of Vietnamese economy in 2018. Graphics by VGP

The two-day event, organized for the third time, is expected to lure around 2,000 delegates, including Party and Government leaders, policy makers, economists to various seminars and dialogue sessions.

PM Nguyen Xuan Phuc and Chairman of the Party Central Committee's Commission for Economic Affairs Nguyen Van Binh will co-chair the high-level policy dialogue with the involvement of representatives from the World Bank, the Asian Development Bank and the International Monetary Fund.

John Kerry, former U.S. Secretary of State and visiting distinguished statesman at the Carnegie Endowment for International Peace will also join the high-level policy dialogue.

Under the theme “Strengthening the fundamental drivers for rapid and sustainable economic development”, the delegates will debate on financing and governance of infrastructure development, climate change adaptation and energy security for sustainable development.

Viet Nam's GDP growth rates between 2010-2018. Source: VGP

The participants will also discuss on opportunities and challenges for Viet Nam to develop a digital economy in the context of the fourth industrial revolution.

Viet Nam’s economy has showed positive signals over the past years with a number of records made.

According to official statistics, the economy expanded 7.08% in 2018, the highest over the recent decade while foreign arrivals rose to unprecedented total of 15.5 million.

The VEF, first held in June 2017, serves as a valuable and timely exchange platform for various stakeholders to discuss visionary initiatives and trends for sustainable economic development in Viet Nam./.

By Thuy Dung