Le Figaro, a French newspaper, has evaluated Vietnam as one of the most dynamic countries in the world in 2020. The miraculous growth of Vietnam’s economy has also been commented by many international organizations.
In 2020, many economies in the world were exhausted because of Covid-19, the Vietnamese economy still achieved positive growth, which is an impressive score. This has been a very positive assessment by many international organizations.
Since October 2020, the International Monetary Fund (IMF) had cited the impact of the Covid-19 epidemic that affected the entire Southeast Asian economy the most since the Asian financial crisis, the regional economy would shrink 4.2%.
Except for Vietnam, The World Bank (World Bank – WB) published the report “Review of Vietnam’s economic situation” with the forecast of Vietnam’s economic growth this year was estimated at 2.8%, while the world economy was forecasted 4% decline due to the impact of the Covid-19 epidemic.
By the end of 2020, the socio-economic statistics of the fourth quarter and 2020 of the General Statistics Office had clearly stated that Vietnam’s economic growth was 2.91% – among the highest growth economies in the world.
Most recently, Le Figaro (France) stated: “Vietnam is one of the most dynamic countries in the world in 2020. Vietnam maintained positive growth at 2.9% in the context of Covid- 19 serious impacts on the global economy”.
According to World Bank estimates, the Vietnamese middle class is currently approximately the population of some countries and territories in the “4 Asian tigers” group combined and by 2045 accounts for over 50% of the population – equivalent to Korean population. The proportion of poor households according to the multidimensional poverty has decreased sharply from 9.8% in 2015 to less than 3% in 2020.
“Vietnam is considered as one of the 16 most successful emerging economies in the world. In 2020, in the context of Covdi-19, Vietnam still maintained positive growth at a fair rate” – Prime Minister Nguyen Xuan Phuc said that: Vietnam is currently the 40th largest economy in the world. In the ASEAN region, the GDP of Vietnam has surpassed Singapore and Malaysia, ranked 4th. In 2035, Vietnam strives to be ranked 19th in the world economy”.