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Photo for illustration (Source: VTV)Standards Chartered held that the GDP growth will rebound strongly to 6.7 percent in 2022 and 7 percent in 2023, saying Vietnam’s medium-term outlook remains positive, said the Vietnam News Agency. The bank made the forecast in its latest reports titled “Still battling headwinds” and “Vietnam - Moving back to high growth“. “The economy should continue to bounce back in 2022 as the pandemic improves. Income growth has outpaced spending growth in recent years; this provides a decent savings buffer against the pandemic.” said Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered. “COVID-19 remains a key risk, at least in the short term. The first quarter could see a full resumption of factory operations, after closures in Q3/2021, and government stimulus; clearer recovery is expected in March,” he noted. Economists at Standard Chartered said a continued improvement in the global trade environment will support export

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