Vietnam’s economy to grow 6.4% in 2017

(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).

Vietnam’s economy to grow 6.4% in 2017 - ảnh 1
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%.