The Vietnamese economy picked up strongly in early 2022, thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic demand, and resilient foreign direct investment (FDI) flows.
There are many driving forces for growth for Vietnam in 2022, and the growth target of 6.0 - 6.5 percent for 2022 is quite feasible, according to foreign economists.
The ASEAN+3 Macroeconomic Research Office (AMRO) has estimated that the ASEAN+3 region will grow by 6.1 percent this year and 5 percent in 2022 after posting flat growth in 2020, due to the third wave of COVID-19 infections triggered by Delta variant.
Supportive economic policies, ample domestic savings, a diversified economy, and a resilient banking system will underpin Malaysia s recovery, says the Asean+3 Macroeconomic Research Office (AMRO) report.
KUALA LUMPUR: Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic Covid-19 situation is under control, according to the Asean+3 Macroeconomic Research Office (AMRO).
“Increasing coverage of ongoing vaccination programmes globally bodes well for a broader pick-up in global demand andMalaysia’s external sector, ” it said in its just published annual consultation report on Malaysia on Tuesday
The report pointed out a strong rebound in Malaysia’s domestic demand could likewise ensue, especially once the current wave of local infections is under control.
Vietnam s economy to grow by 7% in 2021: ASEAN+3 Macroeconomic Research Office vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vov.vn Daily Mail and Mail on Sunday newspapers.