Vietnam expects positive world economy in 2014
(VOV) - Experts at a seminar in Hanoi on January 16 believe international economic trends in 2014 will positively affect Vietnam.
Attendees evaluated recent Party, National Assembly, and Government efforts to stabilise the macro-economy, contain inflation, ensure social welfare, and address the potential issues hindering 2013–2014 socio-economic development targets.
They talked about Vietnam’s strategic breakthroughs despite limited resources, resuming growth, increasing investment in infrastructure development, and effectively deploying sufficiently qualified human resources during economic restructuring.
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Deputy Head of the Central Economic Commission Bui Van Thach emphasised the broad consensus forecasting an international economic recovery in 2014.
The International Monetary Fund (IMF) predicts global GDP growth will rest at 3.5–3.6% compared to last year’s 2.9%. Economic powers like China and the US continue to grow.
The Eurozone has started resolving its public debts while the Asia-Pacific remains as dynamic as ever. The US and Japan intend to focus on investment in Southeast Asia.
The seminar surveyed expert opinions to help shape Vietnam’s future approach to its economic and growth model restructuring goals.