WHAT'S NEW

World Bank predicts Vietnam’s growth of 6.3% next year

by VTV407 December 2016 Last updated at 05:19 AM

VTV.vn - Vietnam's medium-term outlook remains favourable, and its growth prospects may improve to 6.3 per cent from 2017 - 2018.

The latest World Bank report estimated the economy size would increase 6 per cent this year, with the figure set to increase to 6.3 per cent for 2017-2018 based on an expected pick-up in global activity. Vietnam's growth was accompanied by low inflation and widening current account surplus. The economy's recent performance owes in part to rapid credit growth and an accommodative fiscal stance, which may support growth in the short term but amplify existing medium-term financial and fiscal risks.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2023-02-09 02:27 UTC

WEATHER FORECAST