World Bank predicts Vietnam as leading SE Asia growth

The document predicts Vietnam to achieve the growth rate of 6.2% in the coming time. The decline in agricultural production due to salinisation and reduced exports are cited as key reasons why the predicted growth rate forecasted will decrease. However, Vietnam will still remain the fastest growing economy in the region this year; with average regional growth of only 4.8%.

The World Bank has pinpointed restructuring and credit growth as the main areas in need of improvement for Vietnam this year.