VN’s GDP Growth Forecast to Rank Second in 2016
Viet Nam was forecast to attain a 6.6 percent GDP growth rate in 2016, the second fastest pace in the world, according to the Bloomberg.
In its analysis on economic prospects for 93 economies, Bloomberg forecast that Viet Nam’s growth rate would be only behind India with 7.4 percent.
Viet Nam was also projected to gain the fastest economic growth in Southeast Asia in which Indonesia was forecast to grow 5.2 percent; Malaysia 4.5 percent; and Singapore 2.3 percent in 2016.
Top 10 economies with the highest growth paces also included Bangladesh (6.6 percent); China (6.5 percent); Sri Lanka (6.4 percent); Kenya (6.1 percent); Panama (6.1 percent); the Philippines (6 percent); Uganda (5.6 percent); and Dominica (5.4 percent).
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