ĐẦU TƯ TẠI VIỆT NAM Những Gì Đang Diễn Ra Tại Việt Nam VIETNAM’S INDUSTRIAL PRODUCTION IS FORECASTED TO RISE 6.6% IN 2023

VIETNAM’S INDUSTRIAL PRODUCTION IS FORECASTED TO RISE 6.6% IN 2023


    The loosening of COVID-19 restrictions in Mainland China, plus signs that downturns in Europe and the US may be less severe than feared, provided optimism that growth in Vietnam could be around the corner. Business confidence improved to a three-month high at the start of the year, which demand conditions are hoped to strengthen over […]

The loosening of COVID-19 restrictions in Mainland China, plus signs that downturns in Europe and the US may be less severe than feared, provided optimism that growth in Vietnam could be around the corner.

Business confidence improved to a three-month high at the start of the year, which demand conditions are hoped to strengthen over the course of the year.

Andrew Harker, Economics Director at S&P Global Market Intelligence, said: “Although demand conditions for Vietnamese manufacturing firms remained challenging at the start of 2023, leading to further declines in output, new orders and employment, there were some more positive signs from the latest PMI survey. One of the main positives in January was a renewed expansion in new export orders, with the decline in total new business softening as a result”.

“The loosening of COVID-19 restrictions in Mainland China, plus signs that downturns in Europe and the US may be less severe than feared, provided optimism that growth in Vietnam could be around the corner. Indeed, business confidence improved to a three-month high at the start of the year. S&P Global Market Intelligence is forecasting a rise in industrial production of 6.6% in 2023,” he added.

Source: Vietnamnet.vn

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