Although the economy was forecast to continue facing difficulties and challenges in 2023, there were silver linings to pin hope on, experts said.

Vietnam- Philippines economic relations have thrived even at the height of the pandemic, as evidenced by the steady growth of their total bilateral trade, which reached US$5.8 billion in 2021, and US$3.12 billion as of June last year.

VOV.VN - Vietnam’s Gross Domestic Product (GDP) is likely to reach 6.83% and inflation to be curbed at below 3.7% this year, according to projections by the Central Institute for Economic Management (CIEM).

VOV.VN - The Government has devised plans to restructure the domestic money, corporate bonds, securities, and real estate markets in the year ahead in order to protect the legitimate rights and interests of both businesses and investors.

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.

VOV.VN - The nation will remain one of the fastest growing middle-class economies globally with economic growth reaching 6% during 2023, according to Andrew Huntley, senior managing director at BDA Partners, a London-based investment banking advisor for Asia.

VOV.VN - The National Assembly (NA) has voted for the approval of a Resolution on National Master Plan for the 2021-2030 period along a vision to 2050 with a ratio of 449 out of 489 votes in favour, accounting for 90.52% of the total number of NA deputies.

The Lao Journalists Association’s website laophattananews.com has recently published an article praising Vietnam’s experiences for good economic growth in the context of global downturn.

VOV.VN - Tea exports in the fourth quarter of 2022 amounted to 54,000 tonnes, bringing in US$79 million, up 53.6% in volume and 30.3% in value compared to the same period from last year.

VOV.VN - The Vietnamese economy will continue to expand vigorously in 2023 on the back of its strong recovery in the previous year, according to Standard Chartered.