The Government will not change the growth target of 6.5% for 2023 and strive to reach an economic expansion of about 9% in the rest of the year, stated Prime Minister Pham Minh Chinh at a cabinet meeting in Hanoi on August 5.

While the tide of global trade has yet to stage a meaningful rebound, Vietnam has started the second half of the year with some stabilisation in its external sector, according to July’s data on the Vietnamese economy released by HSBC.

The ongoing process of international integration must be further accelerated and closely linked to building a self-reliant and independent economy in Vietnam, said Prime Minister Pham Minh Chinh at a national conference in Hanoi o August 2 reviewing 10 years of implementing a Politburo resolution on international integration.

Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, most commitments in the agreement have been implemented and left positive impacts on business activities, especially trade, said Do Viet Ha of the Trade Office of the Vietnamese Embassy in Germany.