Vietnam, bright spot in Asian economy 2019

Vietnam is a silver lining in the Asian economy in 2019 with an economic growth of over 6 percent over the past two years. Vice President of the Asia Society Policy Institute (ASPI) Wendy Cutler told a recent workshop on the future of Asia held by the ASPI in New York.

She highlighted opportunities the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring Vietnam, adding that as one of the first six countries having signed the deal, Vietnam could optimise benefits from the CPTPP.

In mid-November, the Conference Board economic consultancy organisation predicted Vietnam will be a bright spot in the global economy and have plenty of room to boost economic growth in 2019. It forecasts Vietnam's economy to expand by 7 percent in the coming year.

Source: VOV5