Vietnam’s economic prospects stay bright despite dim global outlook
The growth momentum in 2022 has created the space and conditions for effective monetary and fiscal maneuvering in 2023.
The growth momentum in 2022 has created the space and conditions for effective monetary and fiscal maneuvering in 2023.
Vietnam is likely to remain one of the outperformers in Asia.
The country, however, continues to face risks from high inflationary pressure, which, without proper action from the Government, may lift the inflation to over the 4% target set for 2022.
The prospects of the local stock market remain bright and will become a key capital mobilization channel for businesses and the economy, said the finance minister.
Fitch Rating revised Vietnam’s operating environment score for banks to ‘bb-’ from ‘b+’.