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Vietnam revises growth expectations down to 6 percent

Bloomberg is reporting that a statement on the government’s website on Saturday said that 6 percent growth this year was the best Vietnam could hope for, but it was unlikely to be less than 5 percent. In the first nine months of the year, Vietnam recorded growth of 4.24 percent, well below the target of 6.5 percent set at the beginning of the year.

Of note: Vietnam has recorded steady increases in its GDP growth this year but well below what would be needed to reach 6.5 percent for the year. 

Target
GDP GrowthAvg566.5
Q13.323.32
Q24.143.73
Q35.334.26
Q47.311.213.2

 

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