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Vietnam’s GDP growth forecast to reach 6.7%

by VTV403 October 2015 Last updated at 10:43 AM

VTV.vn - The Hongkong Shanghai Banking Corporation, also known as HSBC, recently issued its report about Vietnam’s marco-economy with a positive forecast.

Accordingly, Vietnam’s GDP growth is forecast to reach 6.7% in 2016. The petrol price is estimated to continuously decrease, the VND’s decrease will remain under control, and the State Bank of Vietnam could keep its open market interest rate at 5% in the first 6 months of next year. However, HSBC also reported that Vietnam’s inflation at the end of 2016 will rise 5.2% compared to the same period of this year. The VND and USD exchange rate will non-stop increase until the beginning of 2016.

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Mid-market rates: 2023-02-02 05:47 UTC

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