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Vietnamese economy 2016 forecast based on global economy

by VTV415 January 2016 Last updated at 14:52 PM

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Vietnamese economy 2016 forecast based on global economy
VTV.vn - A scientific conference to forecast Vietnam’s economy in 2016 based on the global economy took place in Hanoi yesterday.

The conference was held by the Central Economic Committee in coordination with the National Economics University.

According to experts, mobilization costs using foreign currencies will rise because the USD is predicted to rise by 5%, and the Federal Reserve is considering another interest rate hike. Due to the instability of the Chinese economy, foreign investment capital will tend to flow from this country to Vietnam. Growth is expected in countries involved in FTAs, with export volumes likely to increase by at least 15%. However, commodities prices will fall due to the decrease in oil prices, which will affect the state budget collection.