{"id":17272,"date":"2025-01-22T04:23:08","date_gmt":"2025-01-22T04:23:08","guid":{"rendered":"https:\/\/ktg.com.vn\/?p=17272"},"modified":"2025-01-22T04:23:08","modified_gmt":"2025-01-22T04:23:08","slug":"kinh-te-viet-nam-2024-tang-truong-du-nhieu-thach-thuc","status":"publish","type":"post","link":"https:\/\/ktg.com.vn\/en\/kinh-te-viet-nam-2024-tang-truong-du-nhieu-thach-thuc\/","title":{"rendered":"Vietnam's Economy 2024: Exceeding Growth Targets Amid Challenges"},"content":{"rendered":"

Kinh t\u1ebf Vi\u1ec7t Nam kh\u00e9p l\u1ea1i n\u0103m 2024 v\u1edbi m\u1ee9c t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng 7,09%, v\u01b0\u1ee3t ch\u1ec9 ti\u00eau 6,5-7% do Qu\u1ed1c h\u1ed9i \u0111\u1ec1 ra. K\u1ebft qu\u1ea3 n\u00e0y \u0111\u1ebfn t\u1eeb s\u1ef1 \u0111\u00f3ng g\u00f3p t\u00edch c\u1ef1c c\u1ee7a c\u00e1c khu v\u1ef1c kinh t\u1ebf tr\u1ecdng \u0111i\u1ec3m, v\u1edbi khu v\u1ef1c d\u1ecbch v\u1ee5 d\u1eabn \u0111\u1ea7u \u0111\u00f3ng g\u00f3p 49,46%, ti\u1ebfp theo l\u00e0 c\u00f4ng nghi\u1ec7p v\u00e0 x\u00e2y d\u1ef1ng v\u1edbi 45,17%, v\u00e0 n\u00f4ng l\u00e2m nghi\u1ec7p, th\u1ee7y s\u1ea3n v\u1edbi 5,37%. \u0110\u00e2y l\u00e0 t\u00edn hi\u1ec7u kh\u1ea3 quan cho th\u1ea5y n\u1ec1n kinh t\u1ebf \u0111ang d\u1ea7n ph\u1ee5c h\u1ed3i v\u00e0 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng h\u01a1n.<\/span><\/p>\n

Exports Continue to Drive Growth<\/b><\/h2>\n

Export performance in 2024 demonstrated strong recovery and significantly contributed to overall economic growth. The year recorded record-breaking export turnover of USD 405.53 billion, a 14.3% increase compared to 2023. The FDI sector maintained its dominant role, contributing 71.8% of total export turnover, equivalent to USD 290.8 billion including crude oil. The trade balance showed a surplus of USD 24.77 billion, with the FDI sector contributing USD 47.5 billion in surplus.<\/span><\/p>\n

Domestic Businesses Still Face Challenges<\/b><\/h3>\n

Despite positive overall export performance, the domestic economic sector continues to face numerous difficulties. This sector recorded a trade deficit of USD 25.4 billion, indicating significant dependence on imports. However, a bright spot emerged in the agriculture, forestry, and fisheries sector with a surplus of USD 17.9 billion, affirming its crucial role in the national export structure.<\/span><\/p>\n

High Level of Economic Openness<\/b><\/h3>\n

With total import-export turnover reaching USD 786.29 billion, Vietnam's economic openness ratio stands at 165% of GDP. While this figure reflects Vietnam's deep integration into the global economy, it also reveals considerable dependence on international trade - a factor requiring careful consideration in long-term development strategy.<\/span><\/p>\n

Investment and Consumption - Internal Growth Drivers Need Strengthening<\/b><\/h2>\n

2024 witnessed a shift in growth drivers as net exports only contributed 0.66% to economic growth. This highlights the urgent need to strengthen internal growth drivers, particularly domestic investment and consumption.<\/span><\/p>\n

Public Investment Disbursement Needs Acceleration<\/b><\/h3>\n

Total social investment capital in 2024 reached an estimated VND 3,692,100 billion, up 7.5% from the previous year, demonstrating noteworthy efforts in promoting development investment. However, public investment disbursement remained slow, reaching only 54.8% of the plan by November 2024. This poses a significant challenge in improving disbursement efficiency and optimizing resources for economic development.<\/span><\/p>\n

Business Situation Shows Signs of Recovery<\/b><\/h3>\n

A notable bright spot is the recovery in the business sector, with over 233,400 newly registered and reopened businesses, increasing 7.1% compared to 2023. Although 197,900 businesses withdrew from the market, the positive net business growth indicates a gradually improving business environment.<\/span><\/p>\n

\"Kinh<\/p>\n

The Vietnamese economy experienced notable improvements in 2024.<\/span><\/p>\n

Prospects and Challenges for 2025<\/b><\/h2>\n

Looking ahead to 2025, Vietnam has set GDP growth targets of 6.5-7% with aspirations to reach 7-7.5%, while the Government expects 8%. These are ambitious targets given ongoing global economic uncertainties.<\/span><\/p>\n

To achieve growth targets, accelerating institutional reforms and developing new economic models such as digital economy, green economy, and circular economy are crucial. Experts emphasize that these reforms must be implemented comprehensively and synchronously to avoid creating new bottlenecks while solving existing ones.<\/span><\/p>\n

Sustainable Development SolutionsSustainable Development Solutions<\/b><\/h2>\n

In the new context, Vietnam needs to focus on breakthrough and sustainable solutions. Particularly, opportunities from the trend of semiconductor and high-tech investment shifting to Asia present significant prospects. To capitalize on these opportunities, preparation in infrastructure, human resources, and investment environment needs to be enhanced and implemented more decisively in the coming period.<\/span><\/p>\n

Policymakers need to continue closely monitoring macroeconomic developments, making timely policy adjustments to support sustainable economic growth while ensuring macroeconomic stability and social welfare.<\/span><\/p>\n

> See more: 30 years of Vietnamese real estate: Overcoming challenges, pursuing stability<\/a><\/strong><\/p><\/blockquote>\n

Cre: Trung tam WTO<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Kinh t\u1ebf Vi\u1ec7t Nam kh\u00e9p l\u1ea1i n\u0103m 2024 v\u1edbi m\u1ee9c t\u0103ng tr\u01b0\u1edfng \u1ea5n t\u01b0\u1ee3ng 7,09%, v\u01b0\u1ee3t ch\u1ec9 ti\u00eau 6,5-7% do Qu\u1ed1c h\u1ed9i \u0111\u1ec1 ra. K\u1ebft qu\u1ea3 n\u00e0y \u0111\u1ebfn t\u1eeb s\u1ef1 \u0111\u00f3ng g\u00f3p t\u00edch c\u1ef1c c\u1ee7a c\u00e1c khu v\u1ef1c kinh t\u1ebf tr\u1ecdng \u0111i\u1ec3m, v\u1edbi khu v\u1ef1c d\u1ecbch v\u1ee5 d\u1eabn \u0111\u1ea7u \u0111\u00f3ng g\u00f3p 49,46%, ti\u1ebfp theo l\u00e0 […]<\/p>\n","protected":false},"author":11,"featured_media":17273,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-17272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"acf":[],"_links":{"self":[{"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/posts\/17272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/comments?post=17272"}],"version-history":[{"count":2,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/posts\/17272\/revisions"}],"predecessor-version":[{"id":17275,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/posts\/17272\/revisions\/17275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/media\/17273"}],"wp:attachment":[{"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/media?parent=17272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/categories?post=17272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktg.com.vn\/en\/wp-json\/wp\/v2\/tags?post=17272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}