VnDirect lowers growth forecast but still optimistic

With Vietnam’s economy facing many challenges from the Russia - Ukraine conflict, high commodity prices, and tightening monetary policy from the US Fed, VnDirect has lowered its GDP growth forecast for 2022 from 7.5 per cent to 7.1 per cent. However, it still believes that Vietnam will be among the fastest-growing economies in the Asia-Pacific region this year.