Standard Chartered’s economists anticipate domestically oriented sectors such as retail are likely to be the hardest-hit if the current Covid-19 wave persists. The focus now is on whether the impact on the industrial sector will be temporary or more long-lasting.
HANOI: Standard Chartered has lowered its growth forecast for Vietnam for 2021 from 6.7% to 6.5%.
The bank maintains its 7.3% growth forecast for 2022, and continues to expect a post-Covid-19 economic acceleration.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
