Vietnam’s economy is forecast to grow beyond expectation in 2022 as domestic demand rebounds and foreign direct investment (FDI) inflows remains stable.

Vietnam is anticipating a great chance to further promote its trade with Singapore, which has yet to be on par with the potential of both nations, as President Nguyen Xuan Phuc is scheduled to pay a State visit to the city-state from February 24-26.

VOV.VN - Timber and wood products in January surged by 8.3% to reach US$1.55 billion compared to December, 2021, and were up 14.3% from the same period last year, according to the General Department of Vietnam Customs.

VOV.VN - Vietnamese and Indian businesses hold great potential for cooperation in various economic sectors, including electronics and vehicle manufacturing, and information technology, experts shared the view at a recent seminar held in Hanoi.

Minister of Industry and Trade Nguyen Hong Dien had a meeting with visiting Executive Vice President of the European Commission (EC) Frans Timmermans in Hanoi on February 18, during which the two sides sought cooperation orientations in the future, especially in energy and power transformation.

The Vietnam Bank for Agriculture and Rural Development (Agribank) climbed 16 spots to 157th in the 2022 Brand Finance Banking 500 ranking, which features the most valuable and strongest banking brands in the world.

An article recently posted on digitimes.com.tw, a media outlet of Taiwan (China), has said despite a year full of challenges in 2021, the Vietnamese economy has not been hampered by supply chains disruptions but sustains its positive outlook and stature as a global manufacturing hub in 2022.

More people worldwide are becoming aware of Vietnam’s economic growth story and eagerly seeking ways to engage in it, noted CEO of the VinaCapital Fund Management JSC (VinaCapital) Brook Taylor in a recent press release.

Vietnamese lenders are hoping for at least 20% – 30% growth in their earning this year in the light of the country’s promising economic outlook.

An article recently published on the East Asia Forum site assessed prospects and challenges facing the Vietnamese economy this year.