International organizations believe in Vietnam’s growth prospects

The growth rate of gross domestic product (GDP) of our country in the first quarter of 2022 reached over 5%, which is the highest growth rate of the first quarter in the last 3 years – also the period when the economy was affected. magnitude of the COVID-19 pandemic. In which, most of the fields are in the trend of recovery and growth again.

A series of economic newspapers and major international organizations have paid attention to this growth and referred to Vietnam as a regional manufacturing hub, the fastest growing country in Southeast Asia with a forecasted momentum. high growth this year.

According to HSBC, Vietnam’s GDP in the first quarter of 2022 increased by 5% over the same period last year. This number sends a very clear message that Vietnam has regained its steady and steady recovery momentum.

The international credit rating agency Fitch Ratings affirmed, “Strong medium-term growth outlook: We expect GDP growth to accelerate to 6.1% in 2022 and 6.3% in 2023 from 2.6% in 2021, led by a recovery in domestic demand, strong exports and high FDI inflows, especially in the manufacturing sector.

Although there are signs of improvement, but the international press and experts also give warnings. According to Nikkei Asia, exports increased 14% but the spike in raw material prices is still a concern.

“When we have supply chain disruptions, when prices energy The rapid increase in global goods and goods, as well as disruptions in transportation and consumption in some major consumer markets such as China, have had a major impact on Vietnam’s economy,” said Adam Sitkoff – Director executive, the American Business Association in Hanoi said.

Mr. Phuong Le Tri – Executive Director of Medicine – Quality, Astra Zeneca Vietnam said: “It is time for us to accelerate the economic recovery. However, it is important to remain vigilant. and closely monitor the situation to be able to make timely policy changes when necessary.”

Industrial production in the first quarter of 2022 continued to prosper with the value of the whole industry increasing by 7% over the same period last year. In particular, domestic demand recovered and international trade resumed so as not to miss the recovery momentum of the world economy. The foreign investor continues to see opportunities to accompany the development of Vietnam’s economy.

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