Việt Nam’s medium-term economic outlook remains positive, with GDP growth rate projected to accelerate slightly to 6.3 per cent in 2017. — VNA/VNS Photo Lâm KhánhHÀ NỘI — Việt Nam’s medium-term economic outlook remains positive, with GDP growth rate projected to accelerate slightly to 6.3 per cent in 2017, according to the latest World Bank East Asia and Pacific Economic Update, released yesterday. The current account is expected to remain in surplus, albeit at a lower level as stronger import growth resumes. Over the medium term, growth is projected to stabilize at around 6.4 per cent in 2018–19, accompanied by broad macroeconomic stability. The World Bank says that domestic and external risks call for continued macroeconomic prudence.

Source: Viet Nam News October 05, 2017 00:56 UTC