YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

ADB lowers Vietnam’s economic growth forecast to 3.8 pct in 2021

HANOI, Sept. 22 (Xinhua) — The Asian Development Bank (ADB) has adjusted down its forecast of Vietnam’s gross domestic product (GDP) growth in 2021 to 3.8 percent from the previous estimate of 5.8 percent in July.

Vietnam’s economic growth picked up in the first half of 2021 largely because of higher trade volumes, but a resurgence of the COVID-19 pandemic that started in late April has tightened the country’s