Macro Strategic Reports | Macro update Feb 2023 - Manufacturing and export still weak, bright spot of public investment

Macro update Feb 2023 - Manufacturing and export still weak, bright spot of public investment

07/03/2023

Summary

Vietnam's macroeconomics remained stable in February 2023 with major balances maintained. Inflation has cooled down despite of many challenges ahead.
Manufacturing showed signs of recovery but remained weak due to low global demand and export. Registered and disbursed FDI also tends to slow down.
Public investment became a bright spot when disbursement of investment capital from the State budget in the first two months increased by 18.2%YoY and expected to be the main driver of economic growth in 2023.

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