Vietnam's GDP growth could reach 7% in 2018: SSIViet Nam’s economy could achieve a growth rate of 7 per cent in 2018, despite an anticipated decline in the mining industry. Viet Nam’s economy could achieve a growth rate of 7 per cent in 2018, according to SSI. The report said that the growth of the services sector, which accounted for 41.32 per cent of the country’s gross domestic product (GDP), had a significant impact on the overall growth. Excluding the mining industry, SSI estimated that the Vietnamese economy could have grown at 7.9 per cent in 2017. Viet Nam’s economic growth significantly depended on foreign investment and the recovery of the global commodities prices, which SSI considered reasonable, while the domestic resources remained limited.

Source: VietNamNet News January 04, 2018 03:56 UTC