Hardest times of Vietnam’s economy may end
(VOVworld) – Vietnam’s hardest economic times may end, according to an economic report called “Vietnam at a glance” recently released by HSBC. Economic indexes showed that the economy has regained stability and accelerated its activities.
 |
The "Vietnam at a glance" report says Vietnam's economic activities have accelerated.
(Photo: VOV) |
The Purchasing Managers Index in September rose to 51.5 points from 49.4 points in August thanks to growing demand for Vietnamese products in foreign markets. The macro-economy has improved with inflation up just 1% in September and expected to be under control in the future. Vietnam’s trade deficit in the first 9 months of this year totaled 124 million USD. The report predicts that Vietnam will enjoy a trade surplus this year, helping to stabilize the VND exchange rate.