Manufacturing, exports, and government expenditure are expected to fuel economic development this year, with GDP expected to expand by 6-6.5 percent.

It expects difficulties this year since the epidemic is expected to continue despite companies’ and people’s waning resilience.

Controlling the pandemic would be crucial to growth, according to the report.

It aims to enhance productivity and the economy’s competitiveness while focusing on e-commerce expansion and innovative business models, in addition to restoring manufacturing, driving exports, and speeding up infrastructure expenditure.

After a period of supply chain and job upheavals, it aims to raise per capita income to $3,900 from $2,779 in 2020.

Priority will be given to public infrastructure projects, such as enhancing transportation connections and power transmission.

The government also wants public entities to streamline their operations and pay greater attention to citizens.

GDP growth last year was 2.58 percent.

Source: https://e.vnexpress.net/news/business/economy/manufacturing-exports-among-growth-pillars-in-2022-government-4414302.html