PM meets with world leaders on G20 Summit sidelines
July 08, 2017
VGP – PM Nguyen Xuan Phuc had bilateral meetings with Indonesian President Joko Widodo, Indian PM Narendra Modi, President of the EU Council Donald Tusk, President of the EU Commission Jean-Claude Juncker and Director-General of the World Health Organization Tedros Adhanom Ghebreyesus, Chinese President Xi Jinping, US President Donald Trump, Korea President, …
Vietnam’s development record over the past 30 years is remarkable. Economic and political reforms under Đổi Mới, launched in 1986, have spurred rapid economic growth and development and transformed Vietnam from one of the world’s poorest nations to a lower middle-income country.
Some green shots are emerging in Q2 following Q1’s disappointing performance. Industrial production and retail sales posted solid results in both April and May and the country is benefiting from an increase in visitors as Chinese tourists are shying away from Korea and Taiwan for political reasons. Imports of machinery continued to soar in May, suggesting there may be renewed investment momentum in Q2.