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.
Category
Macro
Author
Ly Bui
Details

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