In its Taking Stock report's March 2023 edition, the WB provided recommendations for reforms to tap into the potential of the service sector. It said, the service sector will grow moderately, mostly driven by domestic demand, which may be affected by higher estimated inflation of 4.5% this year. Service has become the largest sector of Vietnam's economy, increasing from 40.7% of GDP in 2010 to 44.6% in 2019. If utilized effectively, the service sector could play an important role in supporting Vietnam's sustainable productivity growth and achieving the goal of becoming a high-income economy by 2045, the bank added. According to the WB, Vietnam has the fiscal space to implement measures to boost growth, unlike many other countries. The country’s economy is expected to benefit from part of the 2022-2023 economic support program, it noted./.