Vietnam Insight

Global stocks mixed. Investors continued to assess the outlook for global growth as major central banks are expected to raise interest rates further in an ongoing effort to bring down inflation. Meanwhile, China’s swift reopening sparked hopes for a faster economic recovery, though the possibility of a global surge in infections and worldwide restrictions remain a huge risk for the markets.

Domestic stocks continued to be under pressure, liquidity dropped. In 2022, the total import and export turnover of the country is estimated at 732.5 billion USD, with a trade surplus of 11.2 billion USD. Vietnam maintains its position in the group of 30 most powerful countries in the world, according to US News & World Report.

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