Imf

Vietnam’s manufacturing purchasing managers' index has risen a lot more quickly and strongly than the rest of ASEAN.

The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021.

Goldman Sachs expected exports to be Vietnam’s major driving force for economic recovery.

Emerging markets should be a good source of income in the years ahead, with emerging Asia looking most appealing, and Vietnam the standout performer.

In the most optimistic scenario, Vietnam’s economy is predicted to expand 2.6% year-on-year, lower than the International Monetary Fund (IMF)'s forecast at 2.7%.

UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance.

Era Dabla-Norris, Anne-Marie Gulde-Wolf, and Francois Painchaud, staff at the IMF Asia and Pacific Department, have offered their analysis of Vietnam's success in fighting Covid-19.

The economy could be subject to a strong rebound of 7% in 2021.

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

These breakthroughs in FDI attraction, export, domestic consumption, public and private investment, are what the economy should focus on to boost growth.