Australian expert optimistic about Vietnam’s economic outlook
(VOVWORLD) - Along with the self-recovery of businesses and people, economic achievements gained by Vietnam so far this year have shown the efficiency of the Government’s economic management and the bright outlook for the country’s economy this year, according to Associate Prof. Dr. Chu Hoang Long from Crawford School of Public Policy, the Australian National University.
 (Photo: VNA) |
Long cited the General Statistics Office data showing that the Vietnamese economy expanded 8.8% year on year in the third quarter of 2022, the highest in 10 years.
The expert underlined that economic results in the country has manifested the effective management of the Vietnamese Government in 2022. This has significant meaning as many countries are struggling with macro-economic instability, and record inflation.
Dr. Long highlighted Vietnam’s efforts in controlling the COVID-19 pandemic, restructuring its economy, improving business environment and removing difficulties for production and business activities, as well as speeding up economic recovery and development and reining in inflation.
Regarding the Vietnamese economic outlook, Dr. Long expressed his belief that the Vietnamese Government will further promote the achievements to secure higher development in the future.
With this recovery trend in the first nine months of 2022, the expert was optimistic about Vietnam’s prospects in the future.