Off the wire
• Zambia's governing party candidate leads presidential poll  • China's Huawei breaks new ground in West African IT market  • Xi's representative to depart for Saudi Arabia over King's death  • Danish central bank cuts interest rate  • Dozens killed in eastern Ukraine as fighting rages  • Two Armenian soldiers killed in new border clash with Azerbaijan  • Roundup: S. African police vow to take strong action against looting  • European Investment Bank finances Airbus 500 mln euros for innovation  • At least 32 killed in airstrikes in Syria: activists  • Croatian parliament passes law fixing Swiss franc's exchange rate for 1 year  
You are here: 　 Home

Roundup: Experts optimistic about Vietnamese economy in 2015

Xinhua, January 23, 2015 Adjust font size:

Local experts hold optimistic view over Vietnamese economy in 2015, saying it will open new opportunities for enterprises, the Vietnamese government's e- Portal reported on Friday.

Le Vinh Tan, deputy head of the Central Economic Commission was quoted by the e-Portal as saying that in 2015, stable macro- economy of Vietnam will reveal new opportunities for local firms.

In the country, inflation is controlled, interest rates decrease and foreign exchange rates remain stable.

In addition, world crude oil price is sharply dropping, which creates conditions for those enterprises which depend much on the material to overcome difficulties, said Tan.

Echoing Tan, Tran Du Lich, member of the National Assembly Economic Committee said in 2014, over 15,500 companies resumed operation, which lays good foundation for economic development in 2015.

Lich forecast that this year, Vietnam's gross domestic product (GDP) growth can surpass 6.2 percent or reach 6.5 percent, higher than the set target by the Vietnamese government.

During 2016-2020 period, the country's GDP expansion will range from 6.5 percent to 7 percent while inflation is around 5 percent to 6 percent, said Lich.

In 2014, Vietnam posted an economic growth rate of 5.98 percent, higher than the set target of 5.8 percent.

Vo Tri Thanh, vice president of the Central Institute for Economic Management, said in the past time, Vietnam has managed to conclude negotiations and joined a series of bilateral and multilateral economic agreements.

These agreements bring economic, trade, investment opportunities to Vietnam and help the integration door open to Vietnamese companies, said Thanh.

Sharing the same view with local economists, Marc Townsend, managing director of a multinational real estate corporation with branches in Vietnam, attributed recovery signs of the real estate market to Vietnam's stable macro-economy, decreasing inflation, improved purchasing power among others, which creates confidence for investors.

Le Phuoc Vu, CEO of a domestic company, said in addition to waiting for suitable policies by the government, local companies should also strive to take advantage of all chances in integration process, reported the governmental e-Portal on Friday. Endi