World Bank raises Vietnam's 2015 growth forecast to 6.0-6.2%
[HANOI] The World Bank on Monday revised its forecast for Vietnam's economic growth this year to 6.0-6.2 per cent, from 6.0 per cent previously, citing robust private consumption and investment.
In a report, the bank also lowered Vietnam's 2015 annual inflation forecast to 2.5 per cent from an initial projection of 4.5 per cent, underpinned by low global energy and food prices.
The World Bank issues a report reviewing Vietnam's economic performance every six months.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indonesia central bank says no outright RRR cut as it expands loan incentive scheme
Saudi sovereign wealth fund plans sterling-denominated notes offering
US, Indo-Pacific partners holding talks in Singapore on clean energy
Trump raises US$34.8 million in less than a day after guilty verdict
New airports, aircraft: wealthy Gulf prepares for aviation boom
UK factories return to growth, prices rise by most in a year, PMI shows