According to the ADB's report, Vietnam's GDP grew by 6% in 2014, the highest level since 2011. Industrial sector grew by 7.1%, higher against the rate of 5.4% in 2013. High demand for real estate in the construction sector led growth of 7.1%. Agricultural sector grew by 3.5% thanks to increased exports of fish and shrimp products.
Private consumption increased by 6.1% representing that consumer confidence has been improved.
The ADB forecasts Vietnam's GDP growth will reach 6.1% in 2015 and 6.2% in 2016, in which FDI enterprises will make a great contribution to gain the increase.
Illustrative image
|
The ADB forecasts Vietnam's GDP growth will reach 6.1% in 2015 and 6.2% in 2016, in which FDI enterprises will make a great contribution to gain the increase.
