UOB revises up Vietnam’s 2022 GDP growth forecast to 7% Business

UOB revises up Vietnam’s 2022 GDP growth forecast to 7%

The Singapore-based United Overseas Bank (UOB) has revised up Vietnam’s 2022 GDP growth forecast to 7.0% from 6.5%, assuming no further severe domestic disruptions from COVID-19, and projected growth of around 7.6 – 7.8% in the second half of the year (H2).
Inflation control needs due attention Business

Inflation control needs due attention

Although many forecasts said that inflation would be controlled at less than 4 percent this year, economists recommended it was still important to pay attention to inflationary pressures.