Targeted policy support is crucial in order to navigate economic uncertainty

Targeted policy support is crucial in order to navigate economic uncertainty

Super Typhoon Yagi made headlines when it hit Vietnam in September. Torrential rains, flooding and landslides caused substantial casualties and extensive damage to roads, agricultural areas, factories, and ports in northern Vietnam, including Hanoi and major ports in the northern port city of Haiphong.
Vietnam must recalibrate policy mix and pursue reforms

Vietnam must recalibrate policy mix and pursue reforms

Vietnam’s economy faced significant challenges last year, with growth slowing to 5.1 per cent due to export contraction. Following a 6.7 per cent rebound in the last quarter of 2023, the economy decelerated to 5.7 per cent in the first quarter of this year.