GDP growth rate
Update news GDP growth rate
VietNamNet Bridge - Analysts from SSI (Saigon Securities Incorporated) believe that Vietnam may have 30 businesses with capitalization value of over $1 billion by 2018.
VietNamNet Bridge - The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.
Labor-intensive industries such as mining and agriculture are no longer expanding, according to Nguyen Duc Thanh, Director of the Vietnam Institute for Economic and Policy Research (VEPR).
VietNamNet Bridge - Though skeptical about the 6.7 percent GDP growth rate target, economists still believe Vietnam will be among Asia's fastest growing economies.
VietNamNet Bridge - Vietnam has maintained economic growth despite the reduction in mining natural resources, but it must begin to reduce exploitation as resources are running out, experts say.
VietNamNet Bridge - Economists have urged the government to reconsider the role of consumption and select it as the springboard to promote economic growth in the future.
VietNamNet Bridge - Two more international institutions have lowered their predicted GDP growth rate for Vietnam in 2016, showing less optimism about Vietnam’s economy. However, analysts say a lower GDP growth rate won’t be a concern.
Many incapable investors had to give up their projects as they could not survive the frozen market of the last few years. Now is the right time for financially powerful investors to take over these projects at reasonable prices.
Vietnam has a good legal framework concerning environment pollution, but the environment remains polluted, and forests have been devastated and rivers poisoned with untreated waste water.
VietNamNet Bridge - Vietnam is capable of meeting the requirements to establish an aircraft maintenance center, but it has not put forward the idea.
VietNamNet Bridge - Many unfavorable conditions may make the 6.7 percent GDP growth rate target in 2016 unattainable, economists say.
VietNamNet Bridge - Only 50 percent of Vietnamese population can be listed as ‘middle class’ if considering their real annual incomes. However, 96 percent of Vietnamese think they belong to the middle class.
VietNamNet Bridge - International institutions agree that Vietnam’s economy is recovering strongly while seeing a bright outlook for its continued growth.
VietNamNet Bridge - Reports released by domestic and foreign institutions have all affirmed that Vietnam’s economy is recovering. But no one can explain the worrying decline of domestic private enterprises.