The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.

VOV.VN - The Vietnamese economy should be put under the microscope after its growth suddenly slowed in the first quarter of 2023, suggested the World Bank (WB) in its Vietnam Macro Monitoring edition for April.

The Trade Promotion Agency under the Ministry of Industry and Trade signed a memorandum of understanding (MoU) with Messe Frankfurk Group, one of the world’s leading trade fair, congress and event organisers with their own exhibition grounds, on cooperation in trade promotion.

Many enterprises forecast less optimistic business results in the first quarter of the year, due to weak domestic macro data in the first few months.

VOV.VN - While external woes will likely continue over the near-term, some recovery in the tourism industry may partially cushion some headwinds faced by the national economy this year, according to HSBC experts.

Although significant challenges remain for the economic and investment environment in Vietnam, there are still opportunities for investors to increase profits through investment channels if they know how to restructure their portfolio, experts have said.

VOV.VN - The Central Institute for Economic Management (CIEM) has developed two scenarios for the Vietnamese economy in 2023 after an 8% growth rate was recorded in 2022.

VOV.VN -Vietnam has successfully weathered the COVID-19 crisis and overcome other global challenges to write its own success story in 2022, with GDP growth recorded at 8.03% and inflation controlled at 3.15%.

Faster-than-expected GDP growth, the upgrade of Vietnam’s credit ratings, and big fluctuations in the corporate bond market are among notable events of the Vietnamese economy in 2022.

Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.