The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.
Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN +3 Regional Economic Outlook.
Workers’ average monthly income stood at VND6.5 million (US$278) in the first half of this year, respectively rising 5.3% and 11% from the same period of 2021 and 2020, statistics showed.
VOV.VN - The International Monetary Fund (IMF) has predicted that with the country’s ongoing strong economic recovery, the Vietnamese economy is likely to reach real GDP growth rates of 6% this year before rising to 7.2% in 2023.
VOV.VN - The Vietnamese economy is anticipated to enjoy positive growth of roughly 6% this year, while inflation is forecast to be at between 4% and 4.5%, according to financial experts.
VOV.VN - With the easing of regulations against the COVID-19 pandemic coupled with continued economic recovery, European business leaders are giving positive forecasts for the future growth of the Vietnamese economy.
A census of enterprises is to be conducted nationwide by the General Statistics Office (GSO) from April 15 to May 30, according to the GSO’s Department of Statistical Data Collection and IT Application.
VOV.VN - The Vietnamese economy maintained its strong recovery with gross domestic product (GDP) during the first quarter growing by 5.03%, while inflation and consumer price index continued to be controlled, according to the latest figures given by the General Statistics Office (GSO).
The Vietnamese economy will recover strongly in 2022, starting at the end of the first quarter, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered, at a seminar held in Hanoi on February 18.
VOV.VN - Despite facing numerous challenges and risks, the Vietnamese economy in 2022 is forecast to bounce back, with some of its primary growth drivers coming from industries driven by the COVID-19 pandemic, according to industry experts.