Economy / Vietnam
DATA & FORECASTS
October 2007 | Risk SummaryBMI view: The Vietnamese economy grew by 8.17% last year. Recent macroeconomic data support our view that GDP growth will remain above 8% this and next year. Industrial production has remained firm in Q307 and we expect this momentum to hold up over the remainder of 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. The possibilities of weaker US demand and sharp monetary tightening, in order to stem inflation, are the main downside risks for growth this year.
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