Vietnam a silver lining in Asian economy: Asia Society

Speaking at a recent workshop on the future of Asia held by the ASPI in New York, the official said Vietnam has emerged as a silver lining in the regional economy with an economic growth of over 6 percent over the past two years.

She also highlighted opportunities the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring to the Southeast Asian country, adding that as one of the first six countries to sign the deal, Vietnam could optimise benefits from the CPTPP.

In mid-November, the Conference Board economic consultancy organisation predicted Vietnam will be a bright spot in the global economy and have plenty of room to boost economic growth in 2019.

According to the organisation, the economy is projected to expand by 7% in the coming year.