Vietnam’s economic prospects greatly depend on COVID-19 vaccination speed and scale, the efficiency of pandemic prevention and control measures and the effectiveness of supporting packages, held experts at a conference organised by the Vietnam Economic Strategy Studies Centre (VESS) on October 18.
VOV.VN - The International Monetary Fund (IMF) has forecast Vietnam’s GDP to grow at around 3.8% this year, higher than that of its regional peers, Malaysia, Thailand, the Philippines, and Indonesia.
Vietnam’s GDP growth forecast for this year has been lowered to 2-2.5%, according to the World Bank's October 2021 Vietnam Macro Monitoring.
VOV.VN - Vietnam recorded a trade surplus of US$360 million in September, according to the latest statistics compiled by the General Department of Customs.
The agro-forestry-fisheries sector is the mainstay of the economy of Vietnam during the COVID-19 pandemic in the first nine months of this year.
Standard Chartered has forecast a potential interest rate cut if the economic impact of Vietnam’s COVID-19 outbreak lasts beyond October.
Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8% in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.
VOV.VN - Vietnam’s GDP growth rate during the third quarter of the year was estimated to have endured a decline of 6.17% due to social distancing and other COVID-19-related restrictions taking a heavy toll on the economy.
Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5% to 7% from 2022 onward, the World Bank has forecast.
VOV.VN - In its outlook update released on September 22, the Asian Development Bank (ADB) has lowered Vietnam’s economic growth rate for 2021 to 3.8% from the 6.7% projection due to the impact of the COVID-19 pandemic.