EIU: Vietnam’s economy rebounds strongly in 2016

The Economist Intelligence Unit (EIU) has  predicted that Vietnam’s economy will continue to rebound strongly in 2016 with the project gross domestic product (GDP) of 6.8 percent.

The  EIU’s forecast said the country GDP would reach 6.7 percent, higher than the country government’s forecast issued before. EIU said that the Southeast Asian country’s economy growth rate would continue rebounding strongly because inflation rate maintains properly to push implementation of monetary financial policies.

The EIU predicted that investment would bee promoted in 2016. The EIU also said that Vietnam and other nations would finish Trans-Pacific Partnership (TPP) and the free trade agreement (FTA) negotiations greatly contributing to increase in investment in domestic market.

By Huy Quoc - Translated by Anh Quan

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