Viet Nam named among three hottest markets in Southeast Asia for 2022
Viet Nam, Singapore and Indonesia are named among hottest markets in Southeast Asia for 2022, according to an article released by the U.S.-based CNBC.
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Exports and imports reported double-digit growth in the first quarter of 2022, signaling a good year for the foreign trade.
The Vietnam economy is expected to rebound to 6.5 percent this year and further expand to 6.7 percent in 2023, the highest in Southeast Asia.
The Asian Development Bank maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.
Viet Nam, Singapore and Indonesia are named among hottest markets in Southeast Asia for 2022, according to an article released by the U.S.-based CNBC.
The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets.
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