Positive economic prospects for 2017

Vietnam aims to achieve a GDP growth rate of 6.7% with an inflation rate below 4% this year. Vietnam is rated as a country with political and macroeconomic stability, which is a comparative advantage in the region.

Associate Professor Pham Tat Thang, a senior researcher in the Ministry of Industry and Trade expected more benefits for Vietnam's economy this year following the coming into effect of several free trade agreements: "Vietnam will benefit from free trade deals with the Eurasian Economic Union, the EU, South Korea and Japan this year. Earlier import of advanced technology will prove more obvious impact this year and this will boost export competitiveness."

Source: VOV5