Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0% to reflect robust Q3 growth of 13.7% year-on-year. The last quarter 2022 growth is anticipated at 4.0%.

The ASEAN+3 Macroeconomic Research Office (AMRO) has joined many international organisations in revising up Vietnam’s GDP growth this year thanks to the country’s strong performance since early this year and success in containing inflation.

VOV.VN - The Vietnamese economy is anticipated to expand 8% this year in the base-case scenario, providing that there are no adverse external factors facing the national economy in the remaining months of the year, according to the Ministry of Planning and Investment (MPI).

VOV.VN - Prime Minister Pham Minh Chinh has suggested that the IMF make it a priority to support Vietnam as a developing country, particularly one that has experienced many years of war, with its economy currently being in transition and still facing numerous challenges.

The Brussels Times of Belgium has run an article highlighting that Vietnam - a development partner of the EU in the Indo-Pacific - is becoming a beacon in the region with the capacity to control inflation and maintain economic growth at a high level despite turbulent international affairs.

VOV.VN - Vietnam’s gross domestic product (GDP) growth in the third quarter of the year recorded a sharp rise of 13.67% year-on-year, raising its nine-month GDP growth rate to 8.83%, the highest figure over the past 11 years, the General Statistics Office (GSO) unveiled on September 29.

VOV.VN - Prime Minister Pham Minh Chinh has called on all localities to continue keeping a close watch on Typhoon Noru’s circulation and take prompt and effective actions in the event of severe flooding.

Economists have forecast Vietnam’s inflation will be kept at around 3.3-3.8% this year, similar to the National Assembly-set target of below 4%, adding that the pressure for 2023, however, remains huge and requiré appropriate response solutions.

As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.

As of September 16, credit grew 10.47% against the end of 2021 and 17.19% against the same period last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.