Vietnam’s GDP to grow at 6.8 percent

by VTV404 February 2016 Last updated at 15:56 PM

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(Photo illustrated: Bloomberg)

VTV.vn - The Economist Intelligence Unit (EIU) - a division of The Economist Group - forecasted upbeat prospects for Vietnam’s economy, with a GDP growth rate expected to stand at 6.8 percent in 2016.

The prediction was spurred by Vietnam’s rational inflation rate level. The EIU said that a reduction of inflationary pressure will create favourable conditions for Vietnam to carry out numerous monetary and financial policies. In addition, the country will see vibrant investment activities in the year.

Further capital will pour into the country thanks to various free trade agreements (FTAs) negotiated throughout 2015, the EIU added.