Macroeconomic Forecast Vietnam

April 2008 | Macroeconomic Forecasts

BMI View: We revised down our real GDP growth forecast for 2008 from 8.2% to 7.0% in January on anticipation of weaker exports to the US and that continued monetary tightening in order to bring inflation back under control would affect domestic consumption. We have more recently revised down our 2009 GDP forecast from 8.2% to 7.5% as we believe that these effects may be more prolonged than initially assumed.

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