Indian expert praises Vietnam’s economic growth since COVID-19
(VOVWORLD) -Vietnam will see stronger economic growth and greater macroeconomic stability in 2023, said Professor Pankaj Jha of India’s O. P Jindal Global University in an article posted on the website moderndiplomacy.eu Thursday.
 Tan Cang Hai Phong International Container Terminal (Photo: Minh Thu/ VNA) |
The article cited an IMF report estimating Vietnam’s GDP growth in 2023 at 6.2 %.
This clearly shows that Vietnam has been avoiding the recessionary trends common across Asian markets and achieving better-than-average growth.
With an inflation rate below 4%, Vietnam is likely to emerge as one of the strongest economies in Asia.
It is expected that Vietnam will reap the dividends of a better business environment, better market connectivity, and better competitiveness in Southeast Asia.