Friday, January 28, 2022 6:21:51 AM - Markets open
VN-INDEX 1,470.76 -10.82/-0.73%
HNX-INDEX 411.27 -0.55/-0.13%
UPCOM-INDEX 108.73 -0.32/-0.29%
Vietnam still sees optimistic economic outlook in 2022: scholar
VietNamPlus - 10/1/2021 2:06:01 PM
 (0 ratings. You must sign in to rate.)
 Vietnam's economy has slowed down due to the prolonged impacts of the COVID-19 pandemic, but there are still many optimistic forecasts about the country’s economic outlook in 2022, Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management (CIEM), told the Vietnam News Agency (VNA).
 
Minh called attention to a number of factors that will affect the Vietnamese economy in 2022, including the capacity to control the pandemic, the capacity to ensure production recovery, and the capacity to keep pace with the implementation of an extensive programme on economic recovery and development until 2023.
 
This programme not only helps remove difficulties and creates motivation in the short term, but also ensures macroeconomic stability and lays the foundation for stronger economic institutional reforms in the next 3-5 years, she added.
 
However, in order to achieve firm economic recovery in 2022, Minh stressed the need to continue giving priority to effectively preventing and controlling the COVID-19 pandemic, along with speeding up the vaccination process.

 
Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management (Photo: VNA)
 
She proposed building and implementing early a master programme on economic recovery and development during and after the pandemic in three phases as specified in research outcomes announced by the CIEM earlier this year.
 
Accordingly, the first phase will last until the first quarter of 2022, during which priority will be given to pandemic prevention and control in combination with macro-economic policies to help businesses survive the difficult situation.
 
The second phase will last through 2023, during which macroeconomic policies should be relaxed to stimulate demand for the economy and create momentum for businesses.
 
In the third phase in the years after 2023, macroeconomic policies will be normalised, the macroeconomic foundation strengthened and more intensive economic institutional reform promoted.
 
Minh also emphasized the importance of applying flexible macroeconomic policies in line with scenarios to cope with adverse developments of the world and regional economies; diversifying exports; and speeding up the implementation of support packages for people and businesses./.
VNA
 
Read original article here
 
Newer News
26/01 Vietnam-US trade hits record high in 2021
23/01 Vietnam-US trade hits record high in 2021
20/01 Wood, furniture exports to US expected to hit 10 billion USD
18/01 More capital flows come to economic, industrial parks in 2021
14/01 EU remains highly potential importer of Vietnamese rice
14/01 VN's GDP to bounce back in 2022 at 5.5%: WB
14/01 Rubber exports recover strong growth in 2021
13/01 Southern key economic region receives large inflow of foreign investment in 2021
13/01 Vietnam’s economic growth forecast to rebound strongly in 2022
11/01 Petrol prices rise for first time this year
Older News
30/09 Public investment pushes real estate market
29/09 WB: Vietnam’s economy could converge toward pre-pandemic rate from 2022 onward
29/09 Vietnam’s GDP up 1.42 percent in nine months
29/09 Vietnam’s CPI up 1.82 percent in January-September
28/09 PM asks for efforts to complete 95 percent of public investment disbursement plan in 2021
28/09 Foreign investors keep trust in Vietnam’s recovery
28/09 Experts: real estate, consumption finance, construction bright spots in investment
27/09 Registered foreign investment up, disbursement down in Jan-Sep
27/09 Foreign investors keep trust in Vietnam’s recovery
24/09 Foreign investors affirm confidence in Vietnam's economic recovery in post-COVID-19
 
Newsletter Signup
Top Stories
Vietnamese banks expect to sell more shares to foreign investors in 2022
Vietnam-EU trade increases 14.8 percent in 2021
Authorities inject trillions of VNĐ to support economy
Domestic investors help to create records in securities market
Indices retreat, money flows in speculative stocks
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,470.76 -10.82/-0.73%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.