Vietnam economy set to rebound this year

Bullish outlook: Women work at a garment export factory in Hung Yen province. In the best-case scenario, the economy is expected to rebound strongly with an annual growth rate of 6% to 6.5%. — Reuters

HANOI: The Vietnamese economy recovered more slowly than the world economy last year, but the reverse is likely to be true this year, says Bank for Investment and Development of Vietnam chief economist Can Van Luc.

Luc had three possible scenarios for the Vietnamese economy in 2022. In the best-case scenario, the economy is expected to rebound strongly with an annual growth rate of 6% to 6.5%.