Moody’s: Vietnam’s real GDP growth to reach 6.7 percent in 2018Moody’s Investors Service said that Vietnam’s real GDP growth will remain robust, averaging 6.7 percent in 2018, in its annual credit analysis released on April 3. Moody's predicts Vietnam’s real GDP growth to reach 6.7 percent in 2018According to Moody’s, the country’s (B1 positive) credit profile reflects the economy’s robust growth trends, which are spurred in turn by its increasing competitiveness and a rapid economic transition away from traditional sectors such as agriculture into manufacturing, and further up the value-added scale within these sectors. Moody's credit analysis, titled "Government of Vietnam -- B1 positive", rated Vietnam’s economic strength as "high (-)", institutional strength "low ( )"; fiscal strength "moderate (-)"; and susceptibility to event risk "high (-)". It said Vietnam’s 2018 growth, nearly twice as high as the average for B-rated sovereigns of 3.6 percent, is supported by domestic consumption and by strong investment growth on the back of public sector infrastructure development spending. It points out that while rapid credit growth presents risks to the banking system, it could also represent a degree of financial deepening.