The current Covid-19 situation is threatening Vietnam’s efforts of realizing the twin goal of boosting economic growth along with putting the pandemic under control.

Barring any major disruptions such as those from the Omicron variant, Vietnam is likely to move towards a more “normal” economic expansion of 7.4% in 2022.

Vietnam has risen to become the ninth-largest trading partner of the US and the two sides' economic relationship between is expected to continue its rapid growth.

Amid the global energy crunch, Vietnam is back on track with a steady recovery.

The country's inflation is expected to remain below the Government's 4% target.