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 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist 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.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border restrictions and domestic containment measures were eased. The aggregate output gap is expected to narrow significantly by the end of this year. The recovery is, nevertheless, uneven across sectors. While both the manufacturing and service sector outputs have surpassed their 2019 levels, the service sector still has pockets of distress, especially in the tourism, hospitality and … [Read more...] about AMRO forecasts Vietnam’s strong recovery amid external headwinds
Vietnam 2017 gdp growth
Indomitable: Vietnamese women’s journey to SEA Games football gold
Vietnam entered SEA Games 31 as the defending champions, having won gold in the most two recent editions of the regional tournament in 2019 and 2017. In the first game, the team faced the Philippines, who have been on the rise recently thanks to their policy of importing players from countries like Germany and Japan. After Rivera Annis score d for the opponents in the 15th minute, Vietnam showed their great fighting spirit. Towards the end of the first half, Nguyen Thi Tuyet Dung (number 7) essayed a volley that equalized for the host s . In the second half, Tran Thi Thuy Trang (number 15) completed the comeback for Vietnam after a great build-up play with captain Huynh Nhu. Vietnam (R) play against Cambodia in the last group game to secure the top spot. Since Indonesia dropped out of women’s football, there were only three teams left in group A. … [Read more...] about Indomitable: Vietnamese women’s journey to SEA Games football gold
Gia Lai should make renewable energy key sector: PM
Prime Minister Pham Minh Chinh attends Gia Lai's 90th founding anniversary celebration ceremony in Pleiku City on May 21 evening. (Photo: VNA) Gia Lai (VNA) - Gia Lai should make renewable energy a key economic sector and pay more attention to developing tourism and processing industries while, Prime Minister Pham Minh Chinh stressed at the Central Highlands province’s 90th founding anniversary celebration ceremony held in Pleiku City on May 21 evening. Gia Lai is blessed with various natural and cultural advantages, Chinh said in his remarks, noting that the province has magnificent, green landscapes; fertile soil; a wealth of minerals and resources; distinctive cultures; as well as hardworking and friendly people. To make the most of such advantages and potential to turn Gia Lai into a strong province with improved living standards, the provincial Party organisation, administration and people must work harder, cement their solidarity, and stay active, … [Read more...] about Gia Lai should make renewable energy key sector: PM