ANZ names Vietnam economy one of three spotlights in Asia

ANZ has predicted Vietnam’s growth rate will increase to 6.9% in the next year, 0.3% higher than their previous prediction. It is forecasted that Vietnam’s economy will not be affected by inflation, as growth rate remains below its potential.

Although FDI has become a pillar of Vietnam’s economic growth, it has also increased the demand for imports, leading to a trade deficit. According to ANZ, the VND / USD exchange rate will reach 23,900 VND per dollar by the end of next year.