Russian experts optimistic about Vietnamese economic outlook Update: 26-05-2021 | 21:38:42 Vietnam’s capacity to build long-term strategies is key for the country’s economic growth despite unprecedented difficulties brought by COVID-19 pandemic, according to Acting Director of the Far East Institute at the Russian Academy of Sciences Prof. Dr. Aleksey Maslov. Vietnamese army's chemical division disinfects the Hanoi-based National Hospital for Tropical Diseases - one of the COVID-19 hot spot Commenting on the economic situation of Vietnam, Maslov noted Vietnam's impressive success in 2020 with growth of 2.91 percent. Particularly, Vietnam is a model of effective response to COVID-19, he added. He underlined that despite the country’s not very large economic scale, Vietnam has posted consecutive high growth in recent years (6.81 percent in 2017, 7.08 percent in 2018, and 7.02 percent in 2019). Even in 2020 amid great challenges, growth was seen in the production of major export products as well as major sectors.