AMRO forecasts Vietnam's strong recovery amidst external headwinds


Vietnam's consumer price inflation is projected to remain below 3.5 percent in 2022, as authorities plan to utilise their oil price stabilisation fund and administer prices to offset pressures emanating from global developments in energy prices. - Vietnam News/ANN

SINGAPORE, May 23 (Bernama): The Vietnamese economy picked up strongly in early 2022, encouraged by a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic demand, and resilient foreign direct investment (FDI) flows.

This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 to 18, Vietnam news agency reported.

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