The hybrid “2022 Economic Outlook and Green Finance Policy” seminar, co-organised by the bank and Vietnam’s Ministry of Foreign Affairs, gathered more than 120 officials, diplomats, researchers, businesspeople, and economic experts.

At Hai Phong seaport.

Leelahaphan said Vietnam is expected to grow 6.7 percent in 2022 and 7 percent in 2023, with its medium-term outlook remaining positive. Vietnam will continue to be an important link in the global supply chain and a destination chosen by many businesses, he added.

Investment activity in the country is expected to recover this year after being affected by the Covid-19 epidemic for a period of time, noted the expert.

Michele Wee, Chief Executive Officer at Standard Chartered Bank Vietnam Ltd, said Vietnam's economy is in the process of recovering.

According to her, in a recent survey conducted by the bank, clients said that Vietnam has a lot of potential for growth and investment attraction, and is playing an increasingly important role in international trade and global supply chain.

Addressing the event, Deputy Minister of Foreign Affairs To Anh Dung assessed that Vietnam is entering a very important stage of development with an expectation that its recovery and growth in 2022 and 2023 will create a strong bounce for the 2021 – 2025 period towards development goals set for 2030 and 2045.

Opportunities and challenges are intertwined, but opportunities are dominant, he stressed.

The Government is drastically accelerating the implementation of a largest-ever programme for socio-economic recovery and growth, the official informed. According to him, the programme includes both short- and long-term solutions to create sustainable development drivers.

Vietnam’s economy sees positive changes: World Bank

Amid a protracted Covid-19 outbreak, socio-economic data in October showed the contraction has bottomed out and Vietnam's economy has made positive changes, the World Bank (WB) in Vietnam said in its Vietnam macroeconomic update for November released on November 12.

Vietnam, UK enhance cooperation in digital economy, digital transformation

Vietnamese Minister of Information and Communications Nguyen Manh Hung and the UK’s Parliamentary Under Secretary of State at the Department for Digital, Culture, Media and Sport Chris Philp signed a Letter of Intent on cooperation in digital economy and digital transformation on November 1 (London time).

Vietnam persists with pandemic countermeasures, maintains macro-economy

Prime Minister Pham Minh Chinh on October 13 chaired a webinar discussing measures to boost post-pandemic economic recovery, flexibly adapt to the Covid-19 pandemic, overcome economic disruption and strengthen locality-to-locality connectivity.

Bac Giang develops craft villages as driving force for local economy

(BGO) – For recent years, Bac Giang province has many supporting policies for the development of rural craft villages to create jobs, increase income and switch labour structure according to new rural style building criteria, which significantly contribute to the provincial economic, cultural and social development.  

Foreign investors maintain confidence in Vietnam’s economy

Vietnam attracted US$ 14 billion in foreign direct investment (FDI) in the first eight months of this year, only 2% lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.

Source: NDO/VNA