Vietnam’s 2023 GDP growth forecast at 7.2%: Standard Chartered
The forecast comes from the country's solid growth of 8% in 2022.
The forecast comes from the country's solid growth of 8% in 2022.
Such high growth shows the Government's determination in its efforts for socio-economic recovery and development amid global uncertainty.
Stability is essential for Vietnam to mantain growth amid growing global uncertainties.
The economy is on track to surpass the Government target of 6-6.5% this year.
The Government needs to create the right conditions for Vietnamese enterprises to be independent in creativity and innovation, a key factor contributing to the economy’s self-reliance.
Economic reform is key for Vietnam to support growth and curb rising inflationary pressure.
Vietnam saw an 11-year-high growth rate of 7.7% y-o-y in Q2/2022, largely reaping the benefits of re-opening tailwinds.
The positive economic performance in the second quarter helped Vietnam’s GDP growth reach 6.4% year-on-year in the six months.
The country's inflation is expected to remain below the Government's 4% target.
Amid the global energy crunch, Vietnam is back on track with a steady recovery.