First, according to the International Budget Partnership (IBP), in the 2023 Open Budget Survey (OBS 2023), Vietnam is ranked 57/125 countries, up 11 places compared to the previous assessment. 2021 price and 20 levels compared to 2019.
Another important report from Global Asset Intelligence Company New World Wealth and Investment Migration Consulting firm Henley & Partners assesses Vietnam as leading in the world in terms of growth rate in the number of millionaires during the period 2013 - 2023, with an impressive increase of 98%. By the end of 2023, Vietnam will have 19,400 millionaires, a remarkable number for a developing country.
Vietnam's GDP grew by a record 8.02% in 2022 - the highest level in more than a decade. Per capita income has also increased nearly 2.2 times, from 1,960 USD in 2013 to 4,284 USD in 2023.
Vietnam's e-commerce market has also emerged as one of the fastest growing markets in Southeast Asia, with an average annual growth rate of 16-30% over the past 4 years. This confirms Vietnam's position as one of the most successful stories of economic transformation in Asia.
These successes are not accidental but are the result of persistent efforts from many sides, including institutional reform, trade expansion and promoting digital technology. In particular, we must mention the Government's continuous efforts in administering and promoting economic policies.
The Government has introduced flexible and creative policies, from improving the investment environment, promoting industrialization and modernization, to supporting and developing key industries.
The government also focuses on improving infrastructure, developing the financial market and especially promoting the digital transformation process. These efforts have created a favorable business environment, attracting foreign investment capital. In the first half of 2024, registered foreign direct investment capital reached 15.2 billion USD, up 13.1% over the same period last year.
However, to maintain and develop its current position, as well as continue to move up strongly in the future on regional and world economic rankings, Vietnam needs to continue to ensure a good investment environment. attractive investment, combined with the implementation of deeper reforms in the digital transformation process.
Finally, there is the general spirit of not being too proud and resting on victory - as conveyed by Prime Minister Pham Minh Chinh during a meeting with leaders of the State Bank and a number of ministries. , the sector on monetary policy management on the afternoon of August 5.
That is to know how to preserve, promote and promote the effectiveness of what has been done in operating monetary policy and other policies. And the work that has been done well by the banking industry and other ministries and branches must be done even better in the future to contribute to socio-economic development and move the country forward quickly and sustainably!
