Vietnam’s economy is likely to strongly recover in the second quarter of 2023, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered.
Vietnam's economy is predicted to bounce back strongly, growing at 6.7 percent this year and 7.0 percent in 2023, according to Standard Chartered Bank.
Standard Chartered Bank has revised down its GDP growth forecasts for Vietnam from 4.7 percent to 2.7 percent for 2021, but remains bullish on the country's economic prospects over the medium and long term.