HSBC Global Research expects Vietnam to be among the region's top growing nations, as it was one of the world's few countries to record growth in two consecutive years since the COVID-19 pandemic broke out.
Vietnam’s stock market is expected to grow further this year as the Government has increased public investment, creating a premise for long-term growth.
Vietnam has been successful in controlling COVID-19 in 2020 and is likely to keep the situation contained next year, said Joseph Incalcaterra, chief economist for ASEAN at the HSBC Global Research, on an article recently published on www.dailymirror.uk.
Vietnam is at the top of the list of markets that could benefit from trade diversion coming from US-China trade tensions, building on its increasing competitiveness in manufacturing, according to Pham Hong Hai, CEO of HSBC Vietnam.
Malaysians will spend less in 2017 due to increasing price and economic uncertainties, the local news website Freemalaysiatoday reported on February 3, quoting the latest HSBC Global Research.
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