Economy / Vietnam
Macroeconomic Forecast Vietnam
May 2005 | Macroeconomic ForecastsVietnam still ranks among Asia's fastest growing economies after China, with BMI forecasting GDP growth to remain constant at 7.7% in 2005. However, after first quarter growth of 7.2% there are downside risks to this projection, unless a pick up is seen during the year, and the economy is currently expected to slow to 7.5% in 2006. Further reforms are required in state owned enterprise to boost competitiveness and enable Vietnam's entry into the World Trade Organisation, while avian bird flu continues to pose a serious risk to investor confidence.
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