Vietnam’s 2022 economic growth projected at 6.5-6.7 percent: Fibre2Fashion article
The US-based Fibre2Fashion portal has recently run an article highlighting several foreign financial organisations’ relatively positive predictions for Vietnam’s economy, saying that its growth is expected at 6.5-6.7 percent in 2022.
New York (VNA) - The US-based Fibre2Fashionportal has recently run an article highlighting several foreign financialorganisations’ relatively positive predictions for Vietnam’s economy, sayingthat its growth is expected at 6.5-6.7 percent in 2022.
The article wrote that Standards Chartered Bank recentlyforecast that the Southeast Asian nation’s gross domestic product (GDP) growthwill be 6.7 percent this year and 7 percent in 2023.
Fibre2Fashion quoted Tim Leelahaphan, economist for Thailandand Vietnam at Standard Chartered, as saying that the Vietnamese economy shouldcontinue to bounce back in 2022 as the pandemic improves.
The expert also noted that COVID-19 remains a key risk, atleast in the short term. Therefore, the first quarter could see a fullresumption of factory operations, after closures in the third quarter of 2021,and government stimulus; and clearer recovery is expected in March, the articlewrote.
It also cited economists at Standard Chartered as sayingthat a continued improvement in the global trade environment will supportexports in 2022 although import growth is likely to remain high.
In its recent ‘Vietnam at a glance’ report, the HSBC said aftertwo years of growth slowdown, the country’s economic growth will accelerate toreach 6.5 percent in 2022. The government also targeted this year’s GDPexpansion at 6.5-7 percent, equivalent to pre-pandemic levels, it said.
It noted Vietnam has recovered steadily after hitting bottomin 2021 and that it will regain growth momentum in all aspects soon.
The HSBC noted the biggest obstacle needing attention now is theongoing COVID-19 outbreak, but it is encouraging that vaccination has been muchimproved, enough for avoiding another period of widespread social distancing,said the Fibre2Fashion article./.
As many as 45.4 percent of businesses in a recent survey conducted by the General Statistics Office forecast that their production will increase in the first quarter of 2022 as compared to the fourth quarter of 2021.
Some foreign financial organisations have issued relatively positive predictions for Vietnam’s economy this year, with growth expected at 6.5 - 6.7 percent.
Under a plan on developing Vietnam’s seaport network, the Cai Mep - Thi Vai seaport cluster in the southern province of Ba Ria-Vung Tau is to become one of two special seaports in the country - an international gateway and an international trans-shipment port.
Investment, export and domestic consumption are defined as three main pillars of the country's economic development in 2022, according to economist Vu Vinh Phu.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
Catfish processing for export (Photo: VNA) 
