Dear BritCham Vietnam member,
The global economic recovery continues amid a resurging pandemic that poses unique policy challenges and requires strong multilateral efforts. The threat of the new variant is likely to slow the pace of reopening, resulting in downside for growth and employment. What are the key economic factors and risks in the year ahead?
Vietnam’s economy is unlikely to show clear signs of a broad recovery until late Q1 at the earliest, as ongoing COVID transmission has constrained the recent economic bounce. The reopening of tourism, previously expected around mid-year, remains unclear. Meanwhile, inflation will likely become more of a concern in H2 as economic recovery progresses, in addition to supply-side factors.
Join Standard Chartered for a live webinar with our Global Research team as they share their views on the global and Vietnam outlook for 2022, including the following highlights:
H1-2022 GRB webinar - VietnamTuesday 15 February 202216:00 SG/HK time | 15:00 Vietnam | 08:00 LondonRegistration HERE
Topics:• The global economic recovery continues, but remains highly uneven given ongoing COVID risks• The financial-market outlook for H1-2022 hinges on inflation risks and the prospect of central bank rate hikes• The economic recovery in China has slowed, but we expect a policy response to stabilise growth• The challenge of balancing economic growth and price stability in Vietnam• While COVID could temporarily slow Vietnam’s medium-term development, our positive medium-term outlook remains intact• VND appreciation may slow given weaker external balances; we have a medium-term constructive view on the VND Moderator:Michele Wee, CEO, Standard Chartered Vietnam
Speakers:Edward Lee, Chief Economist, ASEAN and South Asia Divya Devesh, Head of ASA FX Research Tim Leelahaphan, Economist, Thailand and Vietnam
Please note that this event is not open to the members of the media. |
|
Disclosures appendix
Standard Chartered Bank and/or its affiliates (“SCB”) makes no representation or warranty of any kind, express, implied or statutory regarding this document or any information contained (including market data or statistical information) or referred to in the document. The information in this document is provided for information purposes only. It does not constitute any offer, recommendation or solicitation to any person to enter into any transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices, or represent that any such future movements will not exceed those shown in any illustration. The stated price of the securities mentioned herein, if any, is as of the date indicated and is not any representation that any transaction can be effected at this price. SCB does not represent or warrant that this information is accurate or complete and the contents of this document may not be suitable for all investors or their specific investment objectives / financial situation.
SCB accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental, consequential, punitive or exemplary damages) from the use of this document, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this document, its contents or associated services, or due to any unavailability of the document or any part thereof or any contents or associated services. This communication is subject to the terms and conditions of the SCB Research Disclosure Website available at https://research.sc.com/Portal/Public/TermsConditions. The disclaimers set out at the above web link applies to this communication and you are advised to read such terms and conditions / disclaimers before continuing. Additional information, including analyst certification and full research disclosures with respect to any securities referred to herein, will be available upon request by directing such enquiries to [email protected] or clicking on the relevant SCB research report web link(s) referenced herein. MiFID II research and inducement rules apply. You are advised to determine the applicability and adherence to such rules as it relates to yourself.
© Copyright 2022 Standard Chartered Bank. All rights reserved. Copyright in third party materials is acknowledged and is used under licence. You may not reproduce or adapt any part of these materials for any purposes unless with express written approval from Standard Chartered Bank. |
|
|
