IMF forecasts Vietnamese economy to grow by 6.6% in 2018

For Vietnam, in 2017, despite the difficulties faced by global and regional economies, Vietnam's economy still achieved impressive growth of 6.81%, higher than the national target of 6.7%, becoming the highest growth rate in the past 10 years. Along with the growth rate, the quality of economic growth in Vietnam has also improved, while productivity in 2017 increased by about 6%. The growth pattern has shifted towards positive, gradual reduction and dependence on natural resources, especially crude oil; shifting towards a focus on industrial, processing, manufacturing and service sectors. In 2018, the Government of Vietnam aims to reach 6.7% growth, along with an average inflation of about 4%.