Vietnam's economic

Foreign media praise Vietnam’s economic prospects

Several foreign media reported on Vietnam’s success after the World Bank gave a forecast that Vietnam will experience high growth of 7.2 percent in 2022.

Last week, several foreign media reported on Vietnam’s impressive success after the World Bank (WB) gave forecasts that Vietnam will experience a high growth of 7.2% in 2022.

Indeed, the World Bank has just raised its growth forecast for Vietnam in 2022. The level of 7.2% is significantly higher than the forecast of 5.3% given in April. At the same time, the overall growth rate of the Asia-Pacific region is expected to be 3.2%.

For its part, Nikkei Asia reported that Vietnam’s gross domestic product (GDP) growth in the third quarter was estimated at 13.67% compared to the same period last year, amid a sharp increase in exports to the United States and a recovery in private consumption.

For its part, Reuters reported that FPT Semiconductor had just launched the first line of microchips applied to Internet of Things (IoT) products for the medical field. The Vietnamese company aims to enter the Asia-Pacific chip market with a plan to supply 25 million chips globally by 2023.

Similarly, Lexology calls Vietnam an ideal place for the production of semiconductors. The semiconductor market in Vietnam is expected to grow by 6.52% between 2021 and 2025.

Regarding tourism, The Star reported that in the first nine months of this year, the number of international arrivals to Vietnam reached around 1.87 million, which is 16.4 times more than at the same time. last year period.

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