WB lowers Vietnam’s growth forecast to 4.8 percent in 2021 Business

WB lowers Vietnam’s growth forecast to 4.8 percent in 2021

While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.