International institutions have predicted high GDP growth rates for Vietnam in 2019, but do not expect them to be more than 7 percent.
The latest report from the Institute of Chartered Accountants in England and Wales (ICAEW) predicts that Vietnam will see GDP growing by 6.7 percent in 2019 before the growth rate falls to 6.2 percent one year later. SEE MORE With growth in the global economy and world trade projected to slow, ADB forecasts that Vietnam’s economic growth will moderate but remain strong at 6.8% this year and 6.7% in 2020, according to the Asian Development Bank (ADB). SEE MORE The entire system of credit institutions handled VND204.4 trillion of bad debts (US$8.8 billion) by January 31, equivalent to 40.1 per cent of the total bad debts as defined in the National Assembly’s Resolution No. 42/2017/QH. SEE MORE Vietnam’s GDP growth was estimated at 6.79 percent in the first quarter of this year while efforts to maintain macroeconomic stability and curb flation continued to yield impressive results. SEE MORE The Gross Domestic Product (GDP) in the first quarter of 2019 was estimated to increase 6.79% against the same period last year, according to the General Statistics Office. SEE MORE