Vietnam is poised to emerge strongly from the COVID-19 pandemic and place itself firmly on the radar of foreign investors, buoyed by rapid industrialisation and a fast-growing middle-class, experts told AsianInvestor which focuses on the region’s investment industry.

Vietnam's economy is said to recover strongly from the end of the first quarter. GDP growth is expected to be 6.7 per cent in the year, and 7 per cent in 2023, according to Standard Chartered Bank.

Vietnam saw a rosy start to 2022, thanks to recovering domestic consumption and strong external metrics. Despite rising COVID-19 cases, policymakers have refrained from reimposing tighter measures, leading to improved sentiment.

A promising economic outlook, the reopening of society, and new major investments are hinting that Vietnam will remain an incredibly welcoming environment for expatriates that want to live and work long term in the country.

Protecting lives and maintaining economic growth in a careful balancing act, the government’s pace of economic reopening will define Vietnam’s economic outlook and foreign investment prospects.

European stock markets recovered a bit Thursday from slumps the previous day, with investors comforted by brighter economic outlooks and easing coronavirus concerns, analysts said.

German businesses are optimistic about Vietnam's economic outlook in the medium term and look forward to a year of recovery in 2021/2022, according to AHK World Business Outlook 2021 by GIC/AHK.

The 13th National Party Congress wrapped up discussions on the country’s socioeconomic development path until 2025 and beyond in early February. Raymond Mallon, an economist based in Hanoi since 1991, writes about Vietnam’s economic outlook and issues for the next 5-year planning period.

Vietnam banks' results in the third quarter of this year have shown easing pressure on asset quality and profitability on the back of an improving economic outlook, says Fitch Ratings in a new report.

Vietnam’s fourthquarter economic outlook is brighter on the back of a rise in domestic consumption and public investment.

The global economic outlook is less bleak than projected in June, an IMF spokesman said Thursday, hinting that the organization's forecasts for growth will be raised next month.

The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW.

While Vietnam has experienced an unprecedented boom in recent decades, the current pandemic is now having a clear negative impact on the economic outlook. The effects of the crisis, into which Vietnam has fallen completely through no fault of its own, are visible to the naked eye. In Mui Ne for instance, there are only very few guests at the resorts. Ho Chi Minh City’s otherwise lively District 1 restaurants are deserted, and in Hanoi’s Tay Ho district, rents are falling due to a lack of tenants. There are countless other examples. In short, the crisis is felt everywhere. However, these are only the indicators that are quickly recognisable from the outside. Foreign trade, investments, and the not negligible remittances from overseas Vietnamese are also putting pressure on the economy. It is clear to every observer that economic recovery will be a Herculean task. But what can Vietnam do to reposition itself powerfully and finally emerge from the crisis stronger? 

The global health crisis is accelerating global trends in supply chain shifts, offering Vietnam possible development advantages on a silver platter. Vietnam Citi country officer Natasha Ansell shared her view with VIR’s Phu Canh on Vietnam’s economic outlook and its current position as a potential manufacturing hub in the region.

Vietnamese shares ended Wednesday on a negative note as market sentiment was clouded by pessimism about the growth of both global and local economies amidst the surge in total coronavirus infection cases.