Vietnam will continue to grow fast in 2023
(VOVWORLD) -Vietnam will continue to be one of the fastest growing mid-range economies with an economic expansion of around 6% in 2023, according to Andrew Huntley, Senior Managing Director at BDA Partners, a London-based investment banking advisor for Asia.
 Andrew Huntley, Senior Managing Director at BDA Partners, a London-based investment banking advisor for Asia. (Photo: BDA Partners) |
Huntley says that, although growth will be less than in 2022, it will be similar to the growth recorded before COVID-19 broke out in 2019.
He predicts that in 2023 tourism will be a bright spot that will boost VN’s growth, along with foreign direct investment, which will also play a significant role in Vietnam's economy in 2023, as Vietnam's popularity grows among international investors.
In the mergers and acquisitions area, many financial businesses and investors see Vietnam as a good opportunity.