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ADB maintains Vietnam's 2019 growth forecast at 6.8%

by VTV419 July 2019 Last updated at 15:10 PM

VTV.vn - The Asian Development Bank (ADB) retained its growth projections for Vietnam at 6.8% for 2019 and 6.7 percent for 2020 in a report released on July 18th.

The predictions in the Asian Development Outlook Supplement are unchanged from the forecasts made in the April report. Sustaining growth are strong inflows of foreign direct investment, up by 27 percent in the first five months of 2019 from a year earlier.

In the latest version, the ADB said Vietnam has been the fastest-growing economy in Southeast Asia this year, noting that growth in the first half of 2019 is estimated at 6.8 percent year on year despite agriculture being hobbled by a prolonged drought and African swine fever.

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