HSBC Vietnam and other financial institutions have agreed to provide a syndicated loan worth US$700 million, with a greenshoe option of US$300 million, for the Vietnam Technological and Commercial Joint Stock Bank (Techcombank).

HSBC Global Research expects Vietnam to be among the region's top growing nations, as it was one of the world's few countries to record growth in two consecutive years since the COVID-19 pandemic broke out.

Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced at a Hanoi workshop on July 15 to launch a report on Vietnam’s economy in the first half of 2022.

In an article posted on July 12, The Business Times of Singapore cited some economists' opinions that said Vietnam’s economy is back on track for a strong recovery this year.

Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to Deputy Minister of Finance Nguyen Duc Chi.

VOV.VN - The Hong Kong and Shanghai Banking Corporation (HSBC) has lifted Vietnam’s GDP growth forecast this year to 6.9% from its previous prediction of 6.6% on the back of strong economic recovery coupled with rising domestic consumption demand.

VOV.VN - The International Monetary Fund (IMF) has predicted that with the country’s ongoing strong economic recovery, the Vietnamese economy is likely to reach real GDP growth rates of 6% this year before rising to 7.2% in 2023.

VOV.VN - International media outlets have made an in-depth analysis of Vietnam’s strong economic recovery in the first half of the year, noting the local economy is gradually securing pre-COVID pandemic growth.

VOV.VN - Prime Minister Pham Minh Chinh chaired a conference in Hanoi on July 4 to examine national socio-economic gains in the past six months and look for solutions in the second half of the year.

Ho Chi Minh City’s economy has seen a steady revival and is on course to return to pre-COVID levels, Chairman of the municipal People’s Committee Phan Van Mai said on June 29.