The issue is obviously the driver cause the only way to fix it so far is to uninstall it and use the basic display adapter driver from Microsoft. My Aspire V5-122 runs like a dream after I unstalled it. Took me few days to find it had to do with the drivers and I'm obviously not the only one having this issue. I also found the information how to make sure the driver does not update automatically to the latest drivers and everything works perfectly.
My question is... whats going on at AMD if the best solution is to not use the AMD drivers at all?