Prospects for Vietnam's economic recovery this year look bright

Workers in HCM City make shoes for export to the EU market last year. — VNA/VNS

HO CHI MINH CITY (Vietnam News/Asia News Network): The rebound in consumption, strong export growth and public spending would be key factors in Vietnam's economic recovery this year, analysts said.

Nguyễn Phước Hưng, vice chairman of the HCM City Business Association said that Vietnam’s exports would continue to outperform the region by benefiting from cost competitiveness and a number of major free trade agreements.