Việt Nam’s economy is not likely to experience an economic crisis next year, according to Minister of Planning and Investment Nguyễn Chí Dũng, though it has suffered such crises in 1979, 1989, 1999 and 2009, following consistent 10-year cycles. SEE MORE Prime Minister Nguyen Xuan Phuc pointed out major risks to the country’s socioeconomic growth, such as disasters, social disturbances, traffic safety violations and corruption, at a national teleconference between the Government and local administrative units today, July 2. SEE MORE Vietnam’s gross domestic product (GDP) expanded 7.08 percent in the first half of the year, marking the highest rate since 2010, fueled by robust expansion of the industrial and construction sector and service sector, according to the General Statistics Office (GSO). SEE MORE Vietnam has been doing a highly efficient job in controlling public debt, which has received great applause from the World Bank, one of the country’s largest development partners. SEE MORE Vietnam’s economy is forecast to continue improving, with (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam. SEE MORE