Dear BritCham Vietnam member,
The global economic recovery continues amid a resurging pandemic that poses unique policy challenges and requires strong multilateral efforts. The threat of the new variant is likely to slow the pace of reopening, resulting in downside for growth and employment. What are the key economic factors and risks in the year ahead?
Vietnam’s economy is unlikely to show clear signs of a broad recovery until late Q1 at the earliest, as ongoing COVID transmission has constrained the recent economic bounce. The reopening of tourism, previously expected around mid-year, remains unclear. Meanwhile, inflation will likely become more of a concern in H2 as economic recovery progresses, in addition to supply-side factors.
Join Standard Chartered for a live webinar with our Global Research team as they share their views on the global and Vietnam outlook for 2022, including the following highlights:
H1-2022 GRB webinar - Vietnam
Tuesday 15 February 2022
16:00 SG/HK time | 15:00 Vietnam | 08:00 London
Topics:
• The global economic recovery continues, but remains highly uneven given ongoing COVID risks
• The financial-market outlook for H1-2022 hinges on inflation risks and the prospect of central bank rate hikes
• The economic recovery in China has slowed, but we expect a policy response to stabilise growth
• The challenge of balancing economic growth and price stability in Vietnam
• While COVID could temporarily slow Vietnam’s medium-term development, our positive medium-term outlook remains intact
• VND appreciation may slow given weaker external balances; we have a medium-term constructive view on the VND
Moderator:
Michele Wee, CEO, Standard Chartered Vietnam
Speakers:
Edward Lee, Chief Economist, ASEAN and South Asia
Divya Devesh, Head of ASA FX Research
Tim Leelahaphan, Economist, Thailand and Vietnam
Please note that this event is not open to the members of the media.