HSBC projects positive outlook of Vietnam's economy
newscatcher
2022-08-18 02:30
HSBC projects positive outlook of Vietnam's economy
(VOVWORLD) -HSBC's newly-released report says that despite the gloomy global economic picture, Vietnam's economy continued to reap certain successes in the first half of 2022. Retail sales growth recorded a record high of over 55% over the same period last year, consumption momentum continued to increase strongly for both goods and services. HSBC on Wednesday published its 'Vietnam at a glance' report, showing a multi-dimensional picture of the Vietnamese economy. According to the report, after an impressive 17% growth in the first half of 2022, Vietnam's exports started the second half of the year with a lower growth rate than initially anticipated due to the slow growth of the electronics sector, especially the phone sector.

https://vovworld.vn/en-US/news/hsbc-projects-positive-outlook-of-vietnams-economy-1127338.vov

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