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ADB forecasts growth at 7.1%

by 11 April 2018 Last updated at 22:34 PM

Photo: CafeF
Photo: CafeF

VTV.vn - Vietnam's economic growth rate can reach 7.1% this year according to a forecast announced by the Asian Development Bank (ADB) at a press conference this morning.

The positive economic outlook is based on increased foreign investment, robust agricultural export growth, record high domestic consumption, and favorable business conditions.

The ADB also mentioned some challenges that Vietnam may face this year such as state budget, public debt, and lack of highly skilled workers. This year may also see negative impacts from trade protectionism between China and the US.

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