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Economic recovery efforts slowing down

SGGP

Saturday, December 17, 2022 19:28

Although the Vietnamese economy made a strong recovery right after the Covid-19 pandemic, this growth is now facing many challenges and the pace is not accelerating as expected. 

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Economic growth is now facing many challenges and the pace is not accelerating as expected. This viewpoint was expressed by Mr. Nguyen Minh Cuong, Chief Economist of the Asian Development Bank (ADB) in Vietnam.

JOURNALIST: – Sir, in your opinion, will adverse external influences hinder Vietnam’s economic growth?

Mr. Nguyen Minh Cuong: – This is but natural. Though first of all, the structure of Vietnam’s economy is revealing many inadequacies. For instance, the synchronous coordination of both vertical and horizontal sectors, such as between ministries and branches, does not have much consensus. This is reflected in the slow…

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