Vietnam was considered as one

of the less developed countries

compared to other countries in
the
region and in the world.
However, in recent years,
Vietnam is on a strong
development momentum and
has achieved remarkable
economic achievements.
Vietnam's GDP has increased
significantly in the past 5
years, from 2018 to 2022.
In 2018, Vietnam's GDP was
$310.1 billion, up 7.08% over
the previous year. Since 2008,
this is the
year that Vietnam achieved the
highest growth rate thanks to
the effective policies and
economic solutions
issued by the government.
In 2019, Vietnam's GDP was
$334.4 billion, an increase of
7.02% compared to 2018.
Although the
economy in 2019 took place in
the situation of the world
economy with a tendency to
slow down, trade
issues between the US and
China, our country still
achieved impressive economic
growth.
In 2020, due to the impact
of the Covid-19 pandemic,
Vietnam's GDP growth rate
slowed down
markedly, GDP this year
reached $346.6 billion, the
growth rate was 2.91%.
Although GDP growth rate in
2020 is lower than previous
years, Vietnam is still among
the countries with the highest
economic growth
in the world.
In 2021, GDP is $366.1 billion,
the growth rate compared to the
previous year is 2.58%. The
growth
rate this year is still low because
the Covid-19 epidemic still
causes negative effects on the
Vietnamese
economy.
In 2022, Vietnam has controlled
the Covid-19 epidemic, the
fields and industries in the
economy have
been restored, our economy has
had a breakthrough with a GDP
of $409 billion and a growth
rate of
8.02%. This is the year that the
scale of Vietnam's economy
increased 10 times compared to
2000
Vietnam was considered as one
of the less developed countries
compared to other countries in
the
region and in the world.
However, in recent years,
Vietnam is on a strong
development momentum and
has achieved remarkable
economic achievements.
Vietnam's GDP has increased
significantly in the past 5
years, from 2018 to 2022.
In 2018, Vietnam's GDP was
$310.1 billion, up 7.08% over
the previous year. Since 2008,
this is the
year that Vietnam achieved the
highest growth rate thanks to
the effective policies and
economic solutions
issued by the government.
In 2019, Vietnam's GDP was
$334.4 billion, an increase of
7.02% compared to 2018.
Although the
economy in 2019 took place in
the situation of the world
economy with a tendency to
slow down, trade
issues between the US and
China, our country still
achieved impressive economic
growth.
In 2020, due to the impact
of the Covid-19 pandemic,
Vietnam's GDP growth rate
slowed down
markedly, GDP this year
reached $346.6 billion, the
growth rate was 2.91%.
Although GDP growth rate in
2020 is lower than previous
years, Vietnam is still among
the countries with the highest
economic growth
in the world.
In 2021, GDP is $366.1 billion,
the growth rate compared to the
previous year is 2.58%. The
growth
rate this year is still low because
the Covid-19 epidemic still
causes negative effects on the
Vietnamese
economy.
In 2022, Vietnam has controlled
the Covid-19 epidemic, the
fields and industries in the
economy have
been restored, our economy has
had a breakthrough with a GDP
of $409 billion and a growth
rate of
8.02%. This is the year that the
scale of Vietnam's economy
increased 10 times compared to
2000
GDP
positive GDP growth rate
despite the impact of the severe Covid-19 , Vietnam is still among the
countries with the highest economic growth within the world.
In 2022, Vietnam has controlled the Covid-19 and accomplished a
breakthrough with the highest GDP. This is the year that the scale of
Vietnam's economy increased 10 times compared to 2000.

Vietnam is one of the countries

with the lowest inflation in the
world at the moment. The
Government
has promptly implemented a
series of fiscal and monetary
measures to balance supply and
demand to help
control Vietnam's inflation
Inflation
Vietnam is one of the countries with the lowest inflation in the world during
the period
The government and relevant agencies have taken flexible measures,
controlled market liquidity, reduced taxes and fees
CPI
Vietnam CPI for all items has gradually increased. The CPI point rose highest
in 2021, particularly in food, medicine, medical devices due to the Covid 19.
However, the F&B and Service Industry has the lowest growth rate
PPP
affected by the Russia-Ukraine conflict and global supply chain during the
Covid-19 pandemic