Prime Minister Pham Minh Chinh on Monday stressed the need to give priority to macroeconomic stability and inflation control, considering it as central and urgent task in the current context.
Viet Nam’s GDP is likely to expand by around 7 percent in 2022, 0.5 percent higher than the National Assembly’s preset goal, said Minister of Planning and Investment Nguyen Chi Dung.
Viet Nam has turned itself into a rising star in global supply chains, gaining substantial global market share in such sectors like textiles, footwear and consumer electronics, according to a report released by the HSBC
Viet Nam's GDP accelerated to 7.72 percent growth in the second quarter from 5.03 percent in the previous quarter, reported the General Statistics Office (GSO).
Young workers in ASEAN have been disproportionately affected by the pandemic, accounting for 6.2 percent of job losses compared to only 2.8 percent among adults. This trend is expected to further place underserved youth such as women and people with disabilities at a disadvantage.
The economic recovery path chartered across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region. Despite that, average growth of about 5.8% is expected for the region, according to the latest forecast presented at ICAEW Economic Insight Forum Q2.
The country has entered a recovery phase in all fields since early 2022. Therefore, there is a great demand for opening domestic and international flight routes to meet the increasing traveling demand.
“53% of Vietnamese NextGen members say achieving business growth is a top priority. And they have identified technology as a key enabler to this goal,” said the PwC Global NextGen Survey 2022.
“Blockchain would especially benefit those who have had to operate within the informal economy. They have often been subjected to services that come with higher charges or unreasonable conditions,” said Mr. Bhanji, keynote speaker and mentor of the RMIT Fintech Blockchain Competition 2022, explained.
Viet Nam’s economic recovery remains strong, despite heightened global uncertainties including higher commodity prices and supply chain disruption.
Viet Nam is a bright spot on an otherwise soot-black map as the country is taking the lead in transition to clean energy Southeast Asia, according to The Economist.