Wednesday, May 28, 2025 4:34:22 AM - Markets open
VN-INDEX 1,339.81 +7.30/+0.55%
HNX-INDEX 221.79 +2.38/+1.08%
UPCOM-INDEX 98.14 +1.41/+1.46%
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
27/05 Foreign direct investment continues to pour into Việt Nam
27/05 Maritime transport maintains strong growth
26/05 Việt Nam offers investment potential amid global uncertainty
26/05 Enhancing presence of Vietnamese goods in ASEAN market is essential
20/05 Credit growth in HCM City hits $155b in first four months
16/05 Việt Nam’s plan to cut US car tariffs faces limited short-term impact
16/05 Việt Nam’s auto market gains momentum in early 2025
13/05 2025 FTA negotiation plan to be submitted in May
09/05 Fuel prices cut again
09/05 Việt Nam’s economy needs restructuring amid US tariff shifts
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
Profit-taking pressure grows as market retreats
Open-end funds keep attracting capital inflows
Stock market upgrade expected by September
Stock market starts off May on a positive note as key stocks gain post-holiday
Việt Nam to launch KRX trading system on May 5
Market Update
Last updated at 3:10:02 PM
VN-INDEX 1,339.81 +7.30/+0.55%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
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.