Economy / Vietnam
Macroeconomic Forecast Vietnam
May 2008 | Macroeconomic ForecastsBMI View: We now see increasing risks to our 2008 real GDP growth forecast of 7.0% as the government is grappling to bring inflation and the bulging trade deficit under control. Tighter lending conditions and rising prices on food, fuel and other essentials should, in our opinion, serve to dampen domestic consumption and GDP growth in real terms in both 2008 and 2009. We see the Vietnamese economy recovering to grow by 7.5% in 2009 and 8.2% in 2010.
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