HSBC raises Vietnam’s GDP economic prospects
Vietnam is likely to remain one of the outperformers in Asia.
Vietnam is likely to remain one of the outperformers in Asia.
The country remains attractive for investors in search of new business opportunities.
Such high economic growth reflects the economy’s strong recovery after a difficult period in 2020-2021.
The authorities are committed to protecting investors' lawful rights amid recent arrests of executives of securities companies due to their illegal acts on the market.
The country’s economy is predicted to be among the fastest-growing in the region.
The IMF forecasts Vietnam’s GDP growth in 2022 at 7-7.5%, and inflation below the 4% target set by the Government, lower than the global and regional average.
The GDP growth would rebound to 7.2% in 2022 and moderate to 6.7% in 2023.
Vietnam’s economy recovered faster than expected in the first half of 2022 and continues to grow amid the challenging global environment.
If all goes uneventfully, Vietnam’s GDP growth in the third quarter may hit over 7%.
A strong business community will build an independent and highly resilient economy.