Economic Momentum Still High, But Risks Remain

November 2007
Asia Monitor: South East Asia Monitor Volume 1;Nov2007, Vol. 18 Issue 11, p4
Country Report
Country Report
The article highlights the growth prospects in Vietnam. According to the author, the Viet Nam Index (VNI) has posted sharp gains in September reaching 1,106.60 on October 3. He added that NVI remain cautious about the prospects of the index and the wider economy in the short term. However, VNI has highlighted downside risks on the 8.5%GDP forecast target for 2008. He emphasized that the rapid rise of Vietnamese textile export to the U.S. has been a boon to economic development.


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