EIU: Vietnam’s economy continues strong recovery

(VOVworld) - The Economist Intelligence Unit (EIU) predicts that Vietnam’s economy will continue to rebound strongly in 2015. EIU’s forecast, which is based on statistics from Vietnam’s General Statistics Office, analyzed Vietnam’s economic growth rate of 6.1% in the 3rd and 7% in the 4th quarter last year.

Vietnam’s GDP in 2014 was 6%, which was higher than in 2013 and the highest rate since 2011. Positive indicators in 2014 are momentum for Vietnam’s economy to rebound in 2015.

The EIU predicted that exports will continue to account for a majority of Vietnam’s GDP, and inflation and the consumer price index will remain under control. The EIU also said 2015 will see positive signs from the US and EU economies, the top two export markets of Vietnam.
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