The gross domestic product growth of the Association of Southeast Asian Nations (ASEAN) plus China, Japan and the Republic of Korea (ASEAN+3) is likely to reach 4.6% this year and 4.5% next year, according to the ASEAN+3 Macroeconomic Research Office (AMRO)'s latest report.
Vietnam’s GDP growth in 2023 has been adjusted upward to 6.8% in the ASEAN+3 Macroeconomic Research Office (AMRO)’s January Update, up from 6.5% in its October report.
In its “ASEAN+3 Regional Economic Outlook in 2022” report updated by the ASEAN+3 Macroeconomic Research Office (AMRO) in October 2022, Vietnam’s economy was forecast to grow 7 percent in 2022, ranking it 2nd in the region after Malaysia.
The ASEAN+3 Macroeconomic Research Office (AMRO) has joined many international organisations in revising up Vietnam’s GDP growth this year thanks to the country’s strong performance since early this year and success in containing inflation.
Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN +3 Regional Economic Outlook.
The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts a 4.3% growth for the ASEAN+3 (Association of Southeast Asian Nations plus China, Japan, and the Republic of Korea) region this year, slightly lower than its previous forecast.
The Vietnamese economy picked up strongly in early 2022, thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic demand, and resilient foreign direct investment (FDI) flows.
Malaysia’s economy is expected to grow strongly this year, regaining momentum after COVID-19 infections disrupted its recovery in the third quarter of last year, according to the ASEAN Plus Three Macroeconomic Research Office (AMRO).
Singapore’s economy continues to recover steadily from a sharp contraction in 2020 on the back of effective pandemic containment measures, accelerated vaccination rollout, and extended policy support for affected businesses and households, revealed a report of the ASEAN+3 Macroeconomic Research Office (AMRO) on November 8.
The ASEAN+3 Macroeconomic Research Office (AMRO) has estimated that the ASEAN+3 region will grow by 6.1 percent this year and 5 percent in 2022 after posting flat growth in 2020, due to the third wave of COVID-19 infections triggered by Delta variant.
Vietnam’s GDP growth is expected to rebound to 7 percent in 2021, driven by a recovery in goods and service export, resilient domestic economy, and healthy investment inflows, according to the ASEAN 3 Macroeconomic Research Office (AMRO).
The ASEAN+3 Macroeconomic Research Office (AMRO) forecast the ASEAN+3 region will expand by 6.7 percent this year and 4.9 percent in 2022, after contracting marginally by 0.2 percent in 2020.
Vietnam’s GDP growth is expected to rebound to 7 percent in 2021, driven by a recovery in external demand, a resilient domestic economy, and increased production capacity, according to the preliminary assessment by the ASEAN+3 Macroeconomic Research Office (AMRO).
Thailand's economic growth is likely to fall 7.8 percent, the biggest projected drop in the region, due to the impacts of COVID-19 on the tourism and service sectors, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
A gradual U-shaped recovery is expected for the ASEAN+3 region, which includes ten ASEAN member states, China, Japan and the Republic of Korea, according to an updated forecast by ASEAN+3 Macroeconomic Research Office (AMRO).
In a recent interview granted to Vietnam News Agency correspondent in Singapore, Dr. Hoe Ee Khor, Chief Economist at the ASEAN+3 Macroeconomic Research Office (AMRO), expressed his impressions on Vietnam’s economic achievements and contributions to the Association of Southeast Asian Nations (ASEAN) since the country joined the bloc 25 years ago.
The ASEAN+3 Macroeconomic Research Office (AMRO) paints a positive economic outlook for the ASEAN region, China, Japan, and the Republic of Korea (RoK), projecting their growth to hit 4.9 percent in 2020.
The economic growth of the ASEAN+3 region, including 10 member Southeast Asian nations and the Republic of Korea, Japan and China, is expected to remain resilient in the long run despites escalating global trade tensions and external headwinds, according to the latest report released by the ASEAN+3 Macroeconomic Research Office (AMRO) on May 1.
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