Strong Vietnam GDP growth, low inflation forecast for ‘16

Vietnam’s gross domestic product (GDP) will likely grow 6.82 per cent this year, 0.12 percentage points higher than that predicted by the National Assembly last November in its resolution on the socio-economic development plan for 2016, the Centre Institute of Economic Management (CIEM) said on 28 January.

A study by CIEM called “Vietnam’s Economy: 2015 Performance, 2016 Outlook” released on 28 January said that there is a high possibility for the country to realise its goals in GDP growth and total social development investment, which is targeted to equal to 31 per cent of GDP this year.

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