Macroeconomic Forecast Vietnam

September 2007 | Macroeconomic Forecasts

BMI view: The Vietnamese economy grew by 8.17% last year. Recent macroeconomic data support our view that GDP growth will remain above 8% in the years to come. Industrial production has remained firm in H107 and we expect this momentum to hold up over the year. Strong investment and a range of government-financed infrastructure projects should also serve to keep economic activity at a high level throughout the year. A key downside risk is the possibility of weaker US demand.

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