Vietnam Imf

The country’s positive outlook is bucking the slowing trend of 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.

Vietnam’s prudent policies resulted in a prolonged period of high growth, price stability, and low public debt-to-GDP ratios.

Vietnam considers IMF a key partner in pursuing the goal of becoming an upper-middle-income country by 2030, and a high-income country by 2045, Prime Minister Pham Minh Chinh has said.

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 country's inflation is expected to remain below the Government's 4% target.