Explore Scholarship Opportunities in Vietnam, Asia’s Fastest Growing Economy
Interested and qualified Nigerians are invited to apply for the above scholarship awards in two different universities in Vietnam. The two ranking universities are the Maritime University, Vietnam with website address: http://www.vimaru.edu.vn and Thai Nguyen University of Technology, Vietnam with website contact, website: http://en.tnut.edu.vn This was contained in an announcement on the official website of the Federal Ministry of Education, Abuja https://education.gov.ng/
Fastest Growing Economy in Asia
Since 2021, Vietnam has retained its top spot as the fastest growing economy in Asia amid a regional downturn led overwhelmingly by COVID 19 and China’s sharp economic deceleration, according to the World Bank.
Vietnam economy grew by 7% in 2022, beating official target.
The country’s exports are forecast to rise 9.5% to $368 billion in the year, the government said in a statement, adding that its foreign direct investment inflows are seen rising 6.4%-11.5% to $21 billion-$22 billion.
Vietnam, a regional manufacturing hub, has seen its economy rebounding from the pandemic, with gross domestic product in the third quarter growing 13.67% from a year earlier.
The government said it will pursue “a flexible and prudent” monetary policy during the rest of the year to ensure macroeconomic stability.
Vietnam will aim for a growth of 6.5% and will consider an inflation target of 4.5% next year, the government said.