Vietnamplus

Vietnam’s inflation would be kept around 4% in the second half of the year thanks to many favourable factors, according to experts.

President Joko Widodo has recently said he was optimistic Indonesia's economy could have expanded 5.1% in the second quarter of 2022, supported by increasing public consumption and investment amid robust investors' confidence in the country.

The Vietnamese stock market witnessed a strong correction recently, mainly due to international macroeconomic factors, including global soaring inflation and the US Federal Reverse rate hikes.

As many as 84% of the businesses in a recent survey conducted by the statistics department of the southern province of Binh Duong say that their production will be more stable and grow in the third quarter of 2022.

A green recovery from the COVID-19 pandemic in Southeast Asia has the potential to create 172 billion USD in investment opportunities annually and generate more than 30 million jobs by 2030, according to a new report by the Asian Development Bank (ADB).

Vietnamese travellers are the second-most interested in Asia-Pacific (APAC) in travelling in the post-pandemic period, with 85% of the respondents planning to travel in the next 12 months, a survey by Booking.com found.

Vietnam’s effective management of COVID-19 has boosted confidence and facilitated the easing of restrictions and economic recovery, according to an article published by the Australia – Vietnam Policy Institute (AVPI), which highlights several of Vietnam’s domestic and external drivers of growth.

The ASEAN Economic Ministers’ (AEM) Special Meeting 2022 showed optimism that the region will return to pre-pandemic levels, with GDP growth expected to reach 4.9 percent in 2022 and 5.2 percent in 2023.

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.

The ASEAN+3 Macroeconomic Research Office (AMRO) on April 12 published its annual ASEAN+3 Regional Economic Outlook (AREO) 2022 which forecasts the region’s growth at 4.7 percent this year and 4.6 percent in 2023, with growth for ASEAN at 5.1 and 5.2 percent, respectively.

Some 83.3 percent of the 500 fastest-growing companies in Vietnam (FAST500) are optimistic about the outlook and growth opportunities of the domestic market this year, given that the economy is on course to recover to the pre-pandemic level, according a recent survey conducted by Vietnam Report.

It's too early to tell how the ongoing Russia-Ukraine conflict will affect Vietnam's banking sector, said industry experts.

The industrial real estate sector is considered a bright spot this year, and property businesses with industrial parks are expected to benefit from increased demand and rental prices.

Moriyuki Taniguchi and Prof. Dr. Nagato Natsume, who are Honorary Consuls of Vietnam in Mie and Nagoya cities, respectively, are optimistic about the Vietnam-Japan ties in 2022.

The Ministry of Finance has coordinated with relevant agencies to complete a report on the development the National Credit Rating Improvement Project for the 2021-2030 period to submit to the Prime Minister for approval.

European companies ended 2021 more positive and optimistic about Vietnam’s trade and investment environment, according to the Business Climate Index (BCI) announced by the European Chamber of Commerce in Vietnam (EuroCham) on January 27.

European companies ended 2021 more positive and optimistic about Vietnam’s trade and investment environment, according to the Business Climate Index (BCI) announced by the European Chamber of Commerce in Vietnam (EuroCham) on January 27.

The World Bank has predicted that Laos will see economic growth of 4.5 percent in 2022 and 4.8 percent in 2023 despite projected slower growth of the global economy, Vientiane Times reported.

As many as 45.4 percent of businesses in a recent survey conducted by the General Statistics Office forecast that their production will increase in the first quarter of 2022 as compared to the fourth quarter of 2021.

Cambodia’s economic growth in 2021 is projected to reach around 3 percent thanks to the strong export of agricultural and industrial products, especially the country’s reopening post COVID-19.