The International Monetary Fund (IMF) projected Vietnam’s economy to grow by 6.6 percent this year and 6.5 percent the following year in a recent report.
Vietnam’s gross domestic product (GDP) growth is forecast to accelerate from 6.8% last year to 7.1% this year before easing back to 6.8% next year, said the Asian Development Bank (ADB) in its flagship economic publication “Asian Development Outlook” which came out on April 12.
Vietnam’s gross domestic product (GDP) in the first quarter of 2018 rose 7.38 percent, the highest growth rate over the past ten years, according to the General Statistics Office (GSO).
The General Statistics Office (GSO) has sent a plan for measuring the non-observed economy to the Prime Minister, with an aim to produce exhaustive estimates of the country’s gross domestic product (GDP) and ensure a complete coverage of economic activity, the Vietnam News Agency reports.
The Prime Minister has told Government members, ministries and localities to roll up their sleeves to realize this year’s growth target of at least 6.7% while overcoming weaknesses and creating growth momentum for the following years.
