Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.

Vietnam is well positioned to see the sharpest spike in wealth growth over the next decade as the country dubbed a global manufacturing hub remains a bright spot in its economic picture, American business news CNBC quoted a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners.

Vietnam's export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.

Amid global rice prices witnessing a downward trajectory, Vietnam’s export rice prices began to rise in the early days of February, according to the latest update data given by the Vietnam Food Association (VFA)