Malaysian media highly appreciates efforts of Vietnamese economy in 2021
Friday, 31/12/2021 16:34 (GMT+7)
Vietnam has shifted its strategy from “Zero COVID” to safe, flexible adaptation and effective control of the pandemic, helping to maintain economic activities, according to the Malaysian Bernama News Agency.
Photo for illustration (Source: VNA)
According to the news agency, Vietnam has fulfilled a number of economic targets in 2021 despite the impact of the COVID-19 pandemic, becoming one of the world's top 20 economies in terms of international trade.
To have a solid macro foundation, the government has provided unprecedented support to people and businesses affected by COVID-19, and made timely policy adjustments. Each locality also applies its own methods in implementing policies and guidelines of the government to achieve the dual goals of fighting the pandemic and developing the economy. Such policies and strategies have strengthened public confidence in the government, and encouraged citizens to join hands in pandemic prevention and economic development.
The Bernama News Agency stated that foreign trade turnover has exceeded 660 billion USD, up 21%, with a trade surplus of about 2.1 billion USD. Notably, more than 29 billion USD in Foreign Direct Investment (FDI) has poured into Vietnam, an increase of nearly 500 million USD compared to 2020. GDP in 2021 is estimated to increase by 2.58% compared to 2020./.