Macroeconomic Forecast Vietnam

BMI View: GDP growth came in at 6.5% y-o-y in the first three quarters of 2008, a marked decline from the 8.2% recorded in the same period last year.Meanwhile, inflation reached a peak of 28.4% y-o-y in September and is now falling. We have revised up our GDP growth forecast for 2008 somewhat from 5.5% to 6.0% while bringing down our 2009 projection from 7.0% to 5.0%, and we are expecting inflation to fall to 12% y-o-y by the end of 2009.

To read the full article, please choose one of the following options: