Vietnam’s economy will feature bright colors in 2022 despite still being affected by the COVID-19 epidemic Vietnam is among the countries with the highest vaccine coverage in the world. In addition, the policy of safe, flexible adaptation and effective disease control is in effect. These are considered important foundations for economic recovery. In a regular supplement to the Asian Development Outlook (ADO), the Asian Development Bank (ADB) kept its economic growth forecast for Vietnam in 2022 unchanged at 6.5%. ADB believes that exports will continue to be the driving force for growth. Mr. Nguyen Minh Cuong, Chief Economist at ADB in Vietnam, said that the trade agreements have opened up a lot of opportunities for Vietnam’s market access. The opportunities are expected to facilitate the development of domestic production from agriculture and industry to services. According to HSBC, Vietnam’s economy can regain its GDP growth rate of 6.8% in 2022, mainly thanks to the return of foreign investment, mainly focusing on the manufacturing and green development sectors. Mr. Tim Evans, CEO of HSBC Vietnam, commented: “Vietnam continues to be an attractive destination for foreign direct investment. Vietnam has a larger percentage of GDP based on FDI than any other country. Another very positive thing is that a lot of FDI is focusing on green development, creating new opportunities and supporting the manufacturing sector in Vietnam.” According to experts, the recovery of domestic demand will also be an important foundation for Vietnam’s economic growth in 2022, with the main driving force coming from the reopening of non-essential services and the recovery of domestic consumption demand. In addition, fiscal space, promoting disbursement of public investment capital and supporting policies will be positive factors to promote economic recovery. Mr. Jacques Morisset, Chief Economist at the World Bank in Vietnam, said that the Government is also proposing stronger implementation measures, such as issuing fiscal packages. The implementation of this fiscal package is completely feasible because Vietnam still has fiscal space, specifically the public debt ratio is only at 44%, while the public debt ceiling has been approved by the National Assembly and raised to a new level of 66%. Along with strong political will and determination, experience in fighting the epidemic, and basic reform programs, Vietnam has good foundations for the recovery. The key point now is to realize the opportunities and motivations to create a rebound for the economy after the pandemic./.