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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.

Three key issues for economic rebound after lengthy lockdown

Helping ease logistics constraints, continued testing and vaccination and encouraging labor mobility should be priorities, according to World Bank’s recommendations.

Two scenarios for Vietnam’s economy after the fourth Covid-19 wave

HSBC’s forecast for the country's GDP growth this year has been amended to 5.1 per cent, reflecting the severe impact of the latest Covid-19 outbreak.

Digitalization is key for circular economy

Most circular economy initiatives are individual projects focused on physical materials and resources.

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.

European Parliament approves EU-Vietnam free trade and investment protection deals

The EU-Vietnam trade agreement, the most modern and ambitious agreement ever concluded between the EU and a developing country, just got European Parliament’s backing.

HSBC estimates a 0.3 percentage point gain for Vietnam’s real GDP from EVFTA

Should the EU-Vietnam FTA be ratified at the end of 2019, Vietnam could expect to gain some 0.3 percentage point to its real GDP, say economists at HSBC.

World Bank raises Vietnam economic growth forecast by 0.3 per cent

The growth rate of Vietnam economy in 2018 was raised to 6.8 per cent by the World Bank, making Vietnam become one of the few countries having enhanced growth prospects.

Reducing trade costs can improve Vietnam's competitiveness in the ASEAN region

While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.

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