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World Bank forecasts 6.8% economic growth in 2018

by VTV407 June 2018 Last updated at 16:16 PM

VTV.vn - Vietnam is forecast to grow by 6.8 percent this year before decreasing to 6.5 percent in 2019 as capacity constraints become more binding.

This is according to the World Bank’s report entitled “Global Economic Prospects: East Asia and Pacific – The Turning of the Tide?”, released on June 5th. Vietnam is expected to be the second fastest growing economy in the Asia-Pacific region, after Cambodia.

The growth forecast for the first quarter of this year stood at 7.38% for Vietnam – the highest in 10 years. Vietnam’s economy in 2017 also saw a decade-high growth rate.

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