Fitch forecasts high economic growth rate for Vietnam

VOV.VN - Vietnam will be one of the ASEAN countries to achieve a high economic growth rate in the years to come, according to a recently-released report by Fitch,a credit rating agency which is dual-headquartered in New York and and London.

fitch forecasts high economic growth rate for vietnam hinh 0

Fitch said Vietnam’s growth will be supported by a stable political environment, growing reform momentum, an improving business environment, and the manufacturing sector benefiting from multinational companies relocating in Vietnam for lower production costs.

Fitch predicted that Myanmar is also one of the growth-out performers in ASEAN, whose economic prospects look bright thanks to greater regional integration, better transport connectivity, and continued reform momentum.