Vietnam to exceed 6.5% in economic growth

by VTV423 June 2017 Last updated at 22:06 PM

VTV.vn - Vietnam's economic growth is forecasted to exceed 6.5% and surpass last year's rate, according to the Institute of Chartered Accountants in England and Wales.

 

 

This is part of the latest Report on South East Asia's economic potential.

The report attributes the growth to the increased influx of FDI. Experts believe that this reflects Vietnam's growing competitiveness in industrial production and textiles. The report pinpoints Vietnam as a highlight in the region's economy but still indicates several risks for the Vietnamese economy, which include a high budget deficit and inflation. The firm's experts believe that Vietnam is on track to exceed 6.7% growth next year.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-11-22 00:25 UTC

WEATHER FORECAST

Today - Wednesday Nov, 22
Cloudy
16/20
Thursday Nov, 23
Cloudy
16/18
Friday Nov, 24
Cloudy
14/16
Saturday Nov, 25
Cloudy
13/17
Sunday Nov, 26
Mostly Cloudy
16/21
Monday Nov, 27
Partly Cloudy
16/23
Tuesday Nov, 28
Partly Cloudy
17/25
Wednesday Nov, 29
Partly Cloudy
20/27
Thursday Nov, 30
Mostly Cloudy
21/27
Friday Dec, 01
Mostly Cloudy
20/25