FW: RHB | Vietnam | Industrial And External Activities Moderate Slightly

 

 

 

 

 

Economic Research			3 January 2018
Vietnam
Economic Update
Industrial And External Activities Moderate Slightly   Industrial and external activities remained healthy, albeit easing in December. Meanwhile, retail sales gained pace while inflationary pressures maintained its pace during the month. Looking ahead, we anticipate robust growth in exports and strong inflow of FDIs to remain sustainable – trickling down to the domestic side and boosting overall economic activity. After recording a robust growth of 6.8% in 2017, we raise our real GDP forecast in 2018 to a sustained growth of 6.3% from the 6.1% projected previously. This is on account of:     i.   Sustained inflows of FDIs;    ii.   Continued growth in exports activity;   iii.   Robust private investments;   iv.   The Government’s efforts on economic liberalisation and institutional reforms   Economist: Vincent Loo Yeong Hong  | +603 9280 2172 Aris Nazman Maslan | +603 9280 2184
To access our recent reports please click on the links below:   02 Jan : Robust Exports Boost Vietnam’s 2017 GDP 05 Dec : Industrial Activity Continues Upward Trend 31 Oct : Industrial Activity Strongest In Two Years 02 Oct : Stronger Industrial, Export Activities In September 02 Oct : Strong Exports Drives GDP Higher
Economics Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

 

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