Vietnam deserves "new Asian tiger" title

Tuesday, 15/02/2022 16:38
In an article published on February 13, Sputnik said that Singapore's leading bank DBS had forecast Vietnam's GDP growth rate in 2022 at 8%.

Singapore daily: Vietnam to develop into a new Asian tiger

Vietnam fully deserves the title of "new Asian tiger". (Photo: VNA)

According to expert Alexandr Rogozhin of the Russian Academy of Sciences, the above forecast is not overly optimistic. "Vietnam fully deserves the title of "new Asian tiger". Vietnam is showing amazing social and economic results. In the difficult situation of the COVID-19 pandemic, which has dealt a heavy blow to the global economy, Vietnam has achieved excellent results.

With resolute efforts in implementing vaccine diplomacy, Vietnam has a high COVID-19 vaccine coverage rate, thereby creating conditions for the economy to quickly recover," Rogozhin said. This expert emphasized that the dynamic and stable development of Vietnam's economy is thanks to the effective policies of Vietnam's leaders.

Political stability; and a skilled, young and inexpensive labor force have become important factors in attracting a large number of foreign enterprises to Vietnam, according to the Russian expert./.

Compiled by BTA

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