BBL Asset Management Co., Ltd. (BBLAM) successfully organised its latest BBLAM INVESTMENT FORUM, taking “Global Market Opportunities and the Rise of Asia” as its theme on 8 February 2023 at Four Seasons Grand Ballroom, Four Seasons Hotel Bangkok at Chao Phraya River.
Ho Chi Minh city is the most dynamic economic city and financial hub of Vietnam. (Photo: laodong.vn)The pandemic has indeed dampened the high growth seen in early 2021 and the GDP growth for the first nine months is less than the market forecast at 1.4 percent. Nevertheless, Maetha Peeravud, Assistant Vice President – Fund Management Group, BBL Asset Management, believed Vietnam’s economy has passed the lowest point, reported VNA. “Looking three to six months ahead, the outlook for the Vietnamese economy is positive,” he was quoted by the Bangkok Post as saying. The COVID-19 vaccination rate is increasing with large cities like Ho Chi Minh City and Hanoi already giving the first shot to over 90 percent of their population, Maetha said, adding that the country is expected to achieve herd immunity in the first or second quarter of next year. Geographically, Vietnam has a strategic location for its high-performing export sector. With the focus on education, free trade agreement, a
Investment during the pandemic has proved challenging for investors across the globe. However, the Vietnam market has outperformed its other international peers, supported by GDP growth amid Covid-19 in 2020. Despite strict lockdown, hopes for this top-performing Asian economy are growing.