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Vietnam is in the top three potential markets in Asia
The new report of “The fastest growth market” showed that, Vietnam will be 5.7% in the growth speed.
Vietnam growth speed is still lower than many countries in area such as China (8.2%), Indonesia (6.2%), and India (6.1%). However, the recent report said that, Vietnam growth speed will exceed Indonesia in 2013, reach 7.1% after China and India thanks to the economy recovery.
Vietnam export has strongly increased than the expectation in 2011, but the import also increases. It means that, the decreasing price in VND affects to the inflation. However, according to E&Y, the situation will change this year when Europe market is still weak and the inflation is slowly increasing. This will create the conditions for the money tightening policies.
E&Y said that, Vietnam can surplus 0.2% in GDP in 2015.
- Vietnam is in the top three potential markets in Asia
Source: Cafef
Translated by: maxib2b.com
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