IMF forecasts Vietnam’s GDP to grow 6.6% in 2018
Thursday, April 19,2018AsemconnectVietnam - The International Monetary Fund (IMF) has recently forecast Vietnam’s economy to grow at 6.6% this year and 6.5% the following year in a report “World Economic Outlook, April 2018”.
Despite facing numerous difficulties last year, Vietnam’s GDP soared 6.81%, higher than the target set by the National Assembly and the highest over the last decade as a result of the improved quality of Vietnam’s economic growth and the overall labour productivity reaching roughly 6% in 2017.
Also according to the report, the GDP growth of emerging Southeast Asian economies such as Indonesia, Malaysia, the Philippines, Thailand and Vietnam will still stand beyond 5% in 2018 and 2019.
The Government of Vietnam is destined for an economic growth of 6.7 % and an average inflation rate of 4% this year.
Most economic forecasts since early April said Vietnam’s GDP growth will be 6.5% or higher this year.
The IMF projected the Asian economy will grow at 6.5% from 2018-2019.
The IMF projected the Asian economy will grow at 6.5% from 2018-2019.
Earlier on April 12, in its East Asia-Pacific Economic Update released on April 12, the World Bank (WB) forecast Vietnam’s economic growth to stabilise around 6.5% this year, stressing that there are significant challenges, despite the generally favourable medium-term outlook.
The Asian Development Bank (ADB) also forecast the Vietnamese economy will rise to 7.1% this year in a new report released on April 11.
Source: VOV.VN
Vietnam gets green light to export fresh husked coconut to US
Scenario for seafood exports in last months of 2023
Reference exchange rate up 11 VND on August 11
First Vietnam Int'l Logistics Exhibition kicks off
Workshop looks to assist enterprises export via e-commerce
DAILY: Vietnamese pepper prices remained unchanged on August 11
DAILY: Vietnamese coffee prices decreased by 200 VND on August 11
Exports reached over 30 billion USD/month for first time in 2023
Smart border gate promotes Vietnam-China economic ties
Vietnam steel market update: Vietnam preparing AD sunset review on cold-rolled stainless steel from 4 countries
DAILY: Vietnamese pepper prices remained unchanged on August 10
DAILY: Vietnamese coffee prices decreased by 200 VND on August 10
Reference exchange rate down 5 VND on August 10
Việt Nam, Indonesia to raise trade to $15b by 2028: Leaders
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...