Fitch forecasts high economic growth rate for Vietnam

20:42 | 25/11/2017 Import-Export Follow english.haiquanonline.com.vn on

Vietnam will be one of the ASEAN countries to achieve a high economic growth rate in the years to come, according to a recently-released report by Fitch,an international credit rating organization

fitch forecasts high economic growth rate for vietnam

Fitch said Vietnam’s growth will be supported by a stable political environment, growing reform momentum, an improving business environment, and the manufacturing sector benefiting from multinational companies relocating in Vietnam for lower production costs.

Fitch predicted that Myanmar is also one of the growth-out performers in ASEAN, whose economic prospects look bright thanks to greater regional integration, better transport connectivity, and continued reform momentum.

Source: VOV

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