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Vietnam faces challenges for growth

by VTV416 May 2019 Last updated at 11:44 AM

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Vietnam faces challenges for growth
VTV.vn - Over 1/3 of the year has gone by and up to this point, the Vietnamese economy has marked its journey with many challenges, from both internal and external sources.

To achieve the 6.8% growth target for the whole year, the Vietnamese economy must first control inflation.

The consumer price index in the first four months increased by 2.71%, still under control. However the impacts of rising gasoline, electricity, and many necessary goods will slow future growth. Improving the business environment has not yet been substantial.

The ranking of Vietnam's business environment is only 60/190 countries. This is still an unattractive level compared to other countries in the region. The rising tension between two biggest economies of the US and China will also affect the financial, monetary, and export policies of Vietnam.