Robust Growth Outlook

February 2006
Asia Monitor: South East Asia Monitor Volume 1;Feb2006, Vol. 17 Issue 2, p1
Country Report
Country Report
The article presents a forecast of the economic conditions that are likely to prevail in Vietnam in 2006. According to the General Statistics Office, Vietnam is one of the Asia's fastest growing economies and it expanded by 8.4% in 2005. It is expected that growth in all the three sectors, that is, industrial, services and agricultural sectors in Vietnam, will boost in the coming years. On the expenditure side, many significant challenges are likely to be faced by Vietnam in the coming years. Although, the steady growth of domestic demand cannot be guaranteed but, it is expected that the robust exports and increased foreign investment will boost the growth rate in 2006.


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