Vietnam’s economy will continue the recovery trend with a GDP growth rate forecast at 7.1-7.3 percent in the fourth quarter of 2016, according to the General Statistics Office (GSO).
On July 3, the Hong Kong and Shanghai Banking Corporation (HSBC)
released a report on Vietnam ’s macro economy and the prospects for
the country’s markets.
The Economist’s Intelligence Unit, an offshoot of the UK ’s Economist
magazine, has lifted its forecast of Vietnam ’s GDP growth rate in
2010 to 6.4 percent, up from 6.2 percent in its previous forecast.
Vietnam’s exports are on track to
bounce back, not just only because of the government’s management
policy, but also due to the efforts of various state run enterprises,
said an official from the European Chamber of Commerce (EuroCham).
The Director of EuroCham’s Hanoi Office, Matthias Duehn, said at a
seminar to promote exports in Hanoi on Oct. 12, that despite having
faced many difficulties resulting from the global economic crisis,
particularly in exports, Vietnam is likely to post a GDP growth rate of
5 percent this year.
The Nomura International group has forecast Vietnam ’s GDP growth rate in 2009
to reach 4.9 percent, an increase over the group’s previous forecast of 4
percent, said the Vietnam Economic Times on July 9.
Business
