Vietnam’s economy to strongly rebound in 2022: Standard Chartered experts
The Vietnamese economy will recover strongly in 2022, starting at the end of the first quarter, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered, at a seminar held in Hanoi on February 18.
Hanoi (VNA) – The Vietnamese economy will recover strongly in 2022, starting at the end of the first quarter, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered, at a seminar held in Hanoi on February 18.
The hybrid “2022 Economic Outlook and Green Finance Policy” seminar, co-organised by the bank and Vietnam’s Ministry of Foreign Affairs, gathered more than 120 officials, diplomats, researchers, businesspeople, and economic experts.
Leelahaphan said Vietnam is expected to grow 6.7 percent in 2022 and 7 percent in 2023, with its medium-term outlook remaining positive. Vietnam will continue to be an important link in the global supply chain and a destination chosen by many businesses, he added.
Investment activity in the country is expected to recover this year after being affected by the COVID-19 epidemic for a period of time, noted the expert.
Michele Wee, Chief Executive Officer at Standard Chartered Bank Vietnam Ltd, said Vietnam's economy is in the process of recovering.
According to her, in a recent survey conducted by the bank, clients said that Vietnam has a lot of potential for growth and investment attraction, and is playing an increasingly important role in international trade and global supply chain.
Addressing the event, Deputy Minister of Foreign Affairs To Anh Dung assessed that Vietnam is entering a very important stage of development with an expectation that its recovery and growth in 2022 and 2023 will create a strong bounce for the 2021 – 2025 period towards development goals set for 2030 and 2045.
Opportunities and challenges are intertwined, but opportunities are dominant, he stressed.
✅ The Government is drastically accelerating the implementation of a largest-ever programme for socio-economic recovery and growth, the official informed. According to him, the programme includes both short- and long-term solutions to create sustainable development drivers./.
German securities news site Börse-online.de on November 22 ran an article highlighting the high prospect of the stock market of Vietnam and the Vietnamese economy after COVID-19, underlining that the Southeast Asian country may grow 8 percent next year.
The Live and Learn for Environment and Community (Live and Learn Vietnam) organized an online talkshow “When young people do green economy” on December 26, as part of the “Green Generation Youth Action for Climate and Sustainable Energy” project sponsored by the Danish Embassy in Vietnam.
Complicated developments of COVID-19 over the past two years have fueled investment in startups operating in the sectors of medical technology, medicine, and health care in Vietnam.
Vietnam’s fast-growing digital economy is likely to help the country become a high-income economy by 2045, according to an article established on eastspring.com on February 10.
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.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
At Hai Phong seaport. (Photo: VNA) 
