(VOVWORLD) -The World Bank in its latest East Asia and Pacific’s economic updates has predicted solid growth for Vietnam based on stable macro economy.
 Sebastian Eckardt is the World Bank's Lead Economist for Vietnam |
During the teleconference press briefing in Bangkok on Wednesday, the Bank warned of delay in fiscal consolidation and rapid credit growth as a long-term risk. It called for more policy buffers by reducing budget deficit and more prudent surveillance of the banking sector to ensure macroeconomic stability.