Tin mới
ANZ predicts 6.5% GDP growth for Vietnam in 2015 (21/4)
21/04/2015 - 17 Lượt xem
Lao Dong newspaper quoted ANZ’s latest report as saying that the GDP growth in the first three months of the year, at 6.03 % year-on-year, exceeded all previous forecasts, adding that increases in many indexes reflect a recovery in domestic demand.
In the first quarter, the industrial sector saw a three-year high increase of 9 %, while the consumer confidence index was higher than the average figure for 2014, and retails revenues posted the highest increase seen in the past five years, at 12.8 %.
The report also noted a trade deficit, primarily due to imports of machinery, equipment, components and spare parts for production. This suggests that growth in the manufacturing sector will move towards higher exports.
Credit growth in the first quarter rose 1.9 % year-on-year and the interbank interest rate also rose, indicating recovery in domestic demand for financial leveraging and business expansions.
Foreign investment also resumed its flow, with US$1.748 billion registered in March, the report said, adding that FDI flow in production activities would help boost export in the mid-term. It also urged more investment in domestic production capacity in the long run.
Source: VNA
