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HSBC warns of biggest downside risk to Vietnam’s growth

According to HSBC, Vietnam is not immune to a notable global trade slowdown – in other words, “pay-back” time has arrived.

Vietnam’s export winter approaching?

Signs are now suggesting that it may be time for Vietnam’s external sector to brace for a bumpy road ahead, according to HSBC’s latest report.

Vietnam’s growth headwinds prevail

Despite the optimism when Vietnam saw a rosy start to 2022, it is facing multiple challenges given elevated global energy prices, HSBC said in its latest report.

More chances for Vietnam to finance sustainable development

In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging up to $12 billions of direct and indirect sustainable financing for Vietnam, and the corporate sector in Vietnam by 2030.

Four factors could cast a shadow over Vietnam’s tourism recovery

A dearth of Chinese tourists, historically accounting for one-third of total arrivals, also suggests that the near-term boost of Vietnam’s tourism maybe muted.

Businesses anticipate stronger economic rebound next year

Vietnam’s economy will experience the gradual rebound in the next six months before booming again in the second half of 2022.

Key for Vietnam's economic recovery

A fast vaccination roll-out will help Vietnam quickly re-open up its economy after the novel pandemic.

Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

HSBC warns of real estate risks

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

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