VN’s GDP growth listed among fastest in 2016

VGP – The Economist Intelligence Unit (EIU), under the Economist Group, forecasted that Viet Nam’s GDP growth will increase 7%, ranking ninth among the fastest growing GDP in the world.

January 06, 2016 4:37 PM GMT+7

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The forecast is equivalent to the goals set by the National Assembly in November 2015.

The EIU supposed that emerging nations in Asia will enjoy high GDP growths, including Viet Nam, Laos and Cambodia thanks to personal consumption and tourism.

Earlier, the National Financial Supervisory Commission (NFSC) estimated that Viet Nam’s economy may grow 6.7-6.8% next year.

The NFSC forecasts inflation rate may be around 2-3% in 2016 and the trade deficit may increase to US$4 billion in comparison with US$3.2 billion in 2015.

By Thuy Dung