Vietnam’s gross domestic product (GDP) will grow by 6.47 per cent, inflation by 4.08 per cent and export by 7.21 per cent and export-import revenue will reach $5.64 billion in 2023, according to projections by the Central Institute for Economic Management (CIEM) under the ministry of planning and investment. In a second scenario, the figures are set at 6.83 per cent, 3.69 per cent, 8.43 per cent and $8.15 billion respectively.The GDP grew at 8.02 per cent in 2022, the highest in the 2011-2022 period, outpacing the target of 6.5 per cent set by the National Assembly, and inflation was curbed at 3.15 per cent—below the 4 per cent projected earlier, CIEM director Tran Thi Hong Minh was quoted as saying by a news agency.
CIEM said the economy will be more affected this year with tight monetary policies adopted by major economies in response to inflationary pressures, rising geopolitical competition and the Russia-Ukraine war.
Vietnam's GDP will grow by 6.47 per cent, inflation by 4.08 per cent and export by 7.21 per cent and export-import revenue at $5.64 billion in 2023, according to projections by the government's Central Institute for Economic Management. In a second scenario, the figures are set at 6.83 per cent, 3.69 per cent, 8.43 per cent and $8.15 billion respectively.
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