It is no secret that Vietnam is a firm believer in how quality infrastructure supports sustainable growth.
HSBC said the vigilance is needed as shifting global demand and China’s supply chain disruptions may dampen export growth.
Vietnam is clearly benefiting from its re-opening strategy; inflationary pressures are currently manageable.
HSBC's analysts said Vietnam's external sector continues to shine, thanks to booming electronics shipments and consistent FDI inflows.
Success in Vietnam’s economic reopening hinges on factors such as border rules, the ongoing pandemic, vaccination progress, and flight availability.
Vietnam will open selected tourist spots from November – a likely boon for its labor market and current account balance.
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