02:08, 01/08/2013

ANZ Bank slashes Vietnam GDP growth forecast

ANZ Bank forecasts GDP growth of Vietnam in 2013 to be 5.1% intead of 5.6% and the figure to be 5.25% in 2014, according to its report on Vietnam.

ANZ Bank forecasts GDP growth of Vietnam in 2013 to be 5.1% intead of 5.6% and the figure to be 5.25% in 2014, according to its report on Vietnam.

ANZ reckon that the country’s economy will still grow under the long-term average level of 7% as challenges of banking system restructure limits the economy.

T.T