Experts Express Confidence in Vietnam's Economic Recovery

Despite the challenging global economic conditions and domestic obstacles, Vietnam’s GDP growth in the first half of this year stood at 3.72%, slightly below expectations. However, experts view this growth rate as appropriate given the current circumstances and express optimism about the country’s economic recovery in the near future.

According to an expert from the International Monetary Fund (IMF), Vietnam’s economic growth is projected to rebound in the second half of the year, reaching approximately 4.7% for the full year. This recovery is expected to be driven by an increase in exports and expansionary domestic policies.

Singapore’s DBS Bank Limited also highlighted positive signs, noting that foreign direct investment (FDI) inflows into Vietnam increased by around 30% in the first half of the year. The bank emphasized that Vietnam remains an attractive investment destination due to its ongoing production transition trend, the free trade agreements it has signed, and its promising medium-term economic outlook of 6-7%, as well as the growing electronic ecosystem.

Overall, experts remain confident in Vietnam’s economic recovery, anticipating improvements in the second half of the year supported by various factors such as export growth, FDI inflows, and favorable policy measures.