HÀ NỘI Việt Nam's real GDP is expected to grow at 4.7 per cent this year, according to the October 2023 report by the International Monetary Fund (IMF) on the Asia-Pacific region. IMF's projection for Việt Nam's real GDP growth for 2024 and 2025 were 5.8 per cent and 6.9 per cent, respectively. Abrupt financial tightening in the United States or within the region would inhibit growth, especially in highly leveraged economies and sectors. The recent slowdown in China’s property sector will weigh on demand throughout the region with medium-term growth being projected to be moderate. The IMF advised central banks to carry through with policies to ensure that inflation is durably at appropriate targets.


Source:   Viet Nam News
October 19, 2023 05:29 UTC