|Electronic circuit board production line at Young Poong Electronics Vina Co., Ltd at Binh Xuyen II Industrial Park in Vinh Phuc province (Photo: VNA)
In 2021, the projected real GDP percentage growth would be around 6.7 percent while the inflation rate would remain stable at 3.8 percent. The scholar noted this is a fulfilling prophecy which clearly outlines that Vietnam has come out of the COVID-19 pandemic and there are signs of domestic recovery as well as consolidation of trade from the trading partners. He said Vietnam is now enlisted as one of the fastest growing economies in Asia.
Mr. Pankaj Jha concluded Vietnam wished to become a middle-income country, and a middle power in Southeast Asia.