Review of Vietnam’s economy 2022: Global & local headwinds have just begun

Review of Vietnam’s economy 2022: Global & local headwinds have just begun

While an array of measures have been taken by the Vietnamese government, the local economy is still predicted to suffer disturbances over the coming year.
Vietnam’s economy steadfast amid the headwinds

Vietnam’s economy steadfast amid the headwinds

The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
Flexible diplomacy across all fronts

Flexible diplomacy across all fronts

Vietnam’s economy has weathered difficulties to reach where it is today. Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu spoke with VIR’s Thanh Tung about how economic diplomacy has contributed to national development in 2022.
Expectations on the horizon

Expectations on the horizon

The world steps into 2023 brimmed with great expectations as well as concerns amid the challenging development path ahead. Economist Nguyen Tri Hieu scrutinised with VIR’s Dinh Thuy the major challenges Vietnam’s economy will face, particularly in the finance-banking sector.
Expert analysis of last year's development gains and challenges for 2023

Expert analysis of last year's development gains and challenges for 2023

Le Trung Hieu, deputy general director of the General Statistics Office, spoke with VIR's Manh Bon about the development so far and the difficulties ahead.
Economy preparing for tricky 2023

Economy preparing for tricky 2023

Growth in Vietnam’s economy may slow down next year due to massive complexities, including a reduction in global demand caused by tightened spending.
Economy prepares for external strain

Economy prepares for external strain

Vietnam’s economic growth prospects next year are expected to face tough challenges including slowdown in exports and investment, caused by various global fluctuations.
GDP growth target at 6.5 per cent in 2023 proves feasible

GDP growth target at 6.5 per cent in 2023 proves feasible

Phi Huong Nga, deputy general director of the Department of Industrial and Construction Statistics under the General Statistics Office, explains why the economic growth target set by the National Assembly.
Potential global drawbacks to keep in mind for economy

Potential global drawbacks to keep in mind for economy

Vietnam’s economy faces multiple macro headwinds that have driven a flight to USD, inflationary pressure, and reduced appetite for foreign direct investment. So, what can Vietnam do to improve the situation?
Work to continue for steady recovery

Work to continue for steady recovery

Vietnam’s economy is witnessing positive prospects, with fresh international forecasts for the whole year. However, whether it can ensure higher growth in a sustainable manner would depend on how the country copes with risks.
Credit growth cap remains indispensable for macroeconomic stability

Credit growth cap remains indispensable for macroeconomic stability

Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition of the credit growth cap is still necessary to keep the country’s macro economy stable in the short run.
Outlining nation’s economic priorities

Outlining nation’s economic priorities

Vietnam’s economy is bouncing back thanks to a wide range of drivers. Era Dabla-Norris, assistant director of the Asia Pacific Department, and mission chief for Vietnam at the International Monetary Fund (IMF), talked with VIR’s Thanh Tung about how the country can grow further with fresh momentum.
Stage is set for brand new US-Vietnam ties

Stage is set for brand new US-Vietnam ties

As Vietnam’s economy is growing and expected to lift its bilateral ties with the United States to a long-awaited higher level, both countries are underlining a focus on furthering investment and trade cooperation which is forecast to flourish in the coming time.
Building immediate resiliency for a more robust economy

Building immediate resiliency for a more robust economy

Vietnam’s economy has reaped relatively positive growth for Q1. Caitlin Wiesen, resident representative in Vietnam for the United Nations Development Programme (UNDP), talked with VIR’s Nguyen Dat about the economic outlook for the entire year, with some recommendations for stronger results.
Telling the Vietnam story in order to boost country’s economic momentum

Telling the Vietnam story in order to boost country’s economic momentum

International investors’ increasing enthusiasm for Vietnam’s economy is cushioning the country’s post-pandemic recovery growth momentum. Warrick Cleine, chairman and CEO of KPMG in Vietnam and Cambodia, talked to VIR’s Le Luu about the projected transformations and the incredible resiliency of Vietnam’s economy in the current state.
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