Vietnam's economic growth forecast upgraded

The new adjustment was made following impressive GDP growth of 7.5% in the third quarter and 6.4% between January and September this year. The report attributed the rise to increased exports of textiles and electronics. FDI saw a sharp rise to about 14.5 billion US dollars, and soaring tourism were also contributors to growth rate. The number of tourists since the beginning of 2017 increased by 30% compared to the same period of last year. HSBC also believed the Vietnamese economy may expand by 6.4% next year if the current growth rate is maintained.