ANZ optimistic about Vietnamese economy outlook

by VTV415 August 2019 Last updated at 11:05 AM

VTV.vn - The Vietnamese government's commitment to broad-based economic reforms bodes well for the country's longer term prospects and look to have it on the path to upper middle-income status.

This was the assessment by the head of Asia Research at Australia and New Zealand Banking Group Limited (ANZ) - Mr. Khoon Goh.

ANZ Research maintains its full-year 2019 GDP growth forecast for Vietnam of 6.7 percent. Although this is lower than the 7.1 percent growth rate achieved last year, it reinforces Vietnam's place as one of the fastest-growing economies in Asia.

Other international institutions like Fitch's Ratings or Moody's have also anounced positive assessments of Vietnam's economy.

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