nhà cái bet88VinaCapital forecasts 7-7.5% growth

nhà cái bet88 its newly-released “Towards the future 2022” report, VinaCapital writes that Vietnam’s economy will recover quickly thanks to many factors being nhà cái bet88 its favor.

Analysts at VinaCapital estimate that GDP growth will rise sharply this year, from 2.6 per cent nhà cái bet88 2021 to 7-7.5 per cent or even higher.

Growth will be supported by a strong recovery nhà cái bet88 domestic consumption and construction activity, as well as by tourists being permitted to visit certain destinations nhà cái bet88 the months to come.

More specifically, growth nhà cái bet88 Total Retail Sales (excluding the price factor) will increase sharply, to 5 per cent. Consumption, however, will still be about 10 per cent less than pre-Covid levels.

The growth of construction activity nhà cái bet88 Vietnam will also increase from 0.6 per cent nhà cái bet88 2021 to 8 per cent nhà cái bet88 2022 thanks to a boost nhà cái bet88 spending “offset” for infrastructure and the lessening of State regulation over real estate development.

The most important factor for growth is FDI. Inflows stayed positive over the past two years amid Covid. FDI nhà cái bet88 2020 was only down 2 per cent, at about billion, while the global decline was 40 per cent.

VinaCapital expects foreign capital flows to remain strong this year, especially as restrictions on movement are eased, creating easier conditions for leaders from Japan, South Korea, and other countries to come to Vietnam.