November 24, 2020 | 21:39 (GMT+7)
Indonesian minister hails Vietnam’s efforts to maintain positive growth
Vietnam and China are the only two nations in the world that have been maintaining positive economic growth so far this year despite adverse impacts from the COVID-19 pandemic, Indonesian Finance Minister Sri Mulyani Indrawati has said.
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Vietnam is likely to achieve an economic growth rate of 1.6 percent in 2020. Photo for illustration |
Speaking at an online press conference held by the Indonesian Government on November 24, Indrawati cited the World Economic Forum (WEF)’s forecast as saying that Vietnam is likely to achieve an economic growth rate of 1.6 percent in 2020 thanks to the government’s efforts to successfully contain the COVID-19 pandemic.
Meanwhile, China is projected to post an economic growth rate of 1.9 percent this year, the minister said.
Though suffering heavy pressure from the pandemic since the second quarter of 2020, Vietnam’s economy has been retaining positive growth while economies of American and European countries are predicted to see minus growth this year, she added.
Regarding Indonesia, Indrawati said the country’s economy is forecast to post minus 1.5 percent growth in 2020 due to huge impacts from the pandemic.
Source: VNA