Vietnam’s growth to rise by 6.5% in 2022: ICAEW
(VOVWORLD) - Vietnam is predicted with a high growth prospect in Southeast Asia, at more than 6.5% this year, 0.7% higher than the average growth of the whole region.
 Vietnam has high regional growth prospects, predicted at more than 6.5% in 2022. (Infographic by Oxford Economics) |
This was a key finding from the Economic Forecast by the Institute of Chartered Accountants in England and Wales.
Vietnam was able to bounce back relatively quickly in 2021 compared to the rest of the region, the Institute said, adding that with the easing of restrictions from last year’s Q4 that carried over to this year’s Q1, there has been a significant recovery in its services sector driven by domestic tourism.
With the current endemic phase, there should be a boost on the international tourism front as travellers return to Vietnam, according to the Institute.