The primary reason for positive economic growth this year is decisive steps to contain the health and economic fallout.

General Secretary of the Central Committee of the Communist Party of Vietnam (CPV) Nguyen Phu Trong has written an article titled “A number of theoretical and practical issues on socialism and the path towards socialism in Vietnam.”

The country is on track to reach a GDP growth of 6.8-7% this year.

The country will continue to maneuver monetary policy cautiously and ensure credit is channeled into priority fields to aid growth.

The real estate market is expected to heat up in the remainder of the year, thanks to the bright economic outlook, the Government’s push for major infrastructure projects, and high demands for housing.