AMRO says Vietnam's economy rebounds strongly
(VOVWORLD) -Vietnam’s economy recovered strongly in early 2022 thanks to an active COVID-19 vaccination campaign, robust global demand for Vietnamese-made products, momentum in domestic demand, and resilient foreign direct investment inflows, according to an ASEAN research unit.
 Socks production line at Jasan Vietnam Textile and Dyeing Co., Ltd, invested by China, in VSIP industrial park, Hai Phong city. Photo: Danh Lam/VNA |
This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3-18.
“The Vietnamese economy is expected to grow at 6.3 % in 2022 and 6.5 % in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Sanjay Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.”