Vietnam’s economy forecasted fast growth

Foreign economists say that Vietnam will continue to be an economic growth highlight in Southeast Asia. Malaysia's online newspaper, The Star, wrote that Vietnam will maintain its high growth rate in 2017.

The licensing of big companies, such as Samsung Electronics Co, has turned Vietnam into an electronics exporter. The Asia Development Bank (ADB) forecasts Vietnam's economic growth rate this year at 6.3%. Frederic Neumann, Co-head of Asian Economics and Managing Director of HSBC Hongkong (China) said Vietnam would enjoy fast growth in the next few years and expand its global export market.

Bloomberg reported that shares in Vietnamese companies are valued higher than other Southeast Asian companies. It's time for foreign companies to invest in Vietnam as the Vietnamese government has accelerated the equitization of state-owned enterprises.

Source: VOV5