Acting Country Director for the World Bank in Việt Nam, Sebastian Eckardt:  Vietnam’s mid-term economic prospects remain positive

Acting Country Director for the World Bank in Việt Nam, Sebastian Eckardt, told a press briefing in Hanoi on Thursday that Việt Nam’s GDP is projected at 6.3% this year and 6.4% in the 2018-2019 period. The World Bank’s latest report on the Vietnamese economy upheld Vietnam’s fundamental driving forces for growth, including domestic demand and the manufacturing industry. The World Bank Acting Director said Vietnam should be more prudent in macro economic governance while the budget deficit should be contained given more risks in budget stability. Vietnam still faces long-term challenges of maintaining a high growth rate and achieving sustainable poverty reduction.