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HSBC conference growth predictions

by VTV425 March 2017 Last updated at 11:27 AM

VTV.vn - Experts at the Economic Outlook Forum held by HSBC agreed that the rise in oil prices will have a direct impact on Vietnam's consumer price index in 2017.

CPI will undergo pressure from rising electricity, medical and educational service prices. In addition, production, logistic, agriculture, building, service sector will reach double-digit growth this year. GDP is predicted to reach 6.5% as planned. This year the agriculture sector is expected to be a bright spot, thanks to the increased use of new technologies, and more research results, new varieties, and new technological advances. HSBC predicts a GDP growth rate of 6.4% in 2017, but said that the 6.7% government growth goal was high, given the current challenges.

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