(VOVworld) – Vietnam’s economy is predicted to grow 6.4% this year, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).
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| Manufacturing sector is predicted to perform well in 2017 (Photo: VNA) |
At a discussion to release its report for macro-economy in the 4th quarter and 2016 in Hanoi on Monday, the Institute said the manufacturing sector will be a bright spot in Vietnam’s economy and inflation rate will be 5.9% this year. The report said Vietnam’s economy grew 6.2% in 2016, lower than the 6.68% level of 2015 and the government target of 6.5%.