Vietnam's economic recovery gaining momentum
Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound.
Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound.
With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.
Despite the risk of Omicron, Vietnam’s economy is expected to rebound strongly with a GDP growth of 6.5% this year from a modest of 2.58% in 2021.
HSBC Vietnam will mobilize funds from local and international financial markets to provide a wide range of sustainable solutions in green finance, debt finance, supply chain, trade, green deposits, and investment products.
Vietnam is in a better vaccine position to protect itself from imposing another lockdown.
Thanks to strong fundamentals, Vietnam’s economy would gradually rebound at least for the coming six months until its momentum becomes stronger in the second half of 2022.
Vietnam is seen to be one of the world’s most attractive emerging economies.
Vietnam continues to be among the world’s most attractive emerging economies, the HSBC Vietnam CEO Tim Evans has said.