Khoon Goh, Head of Asia Research at Australia and New Zealand Banking Group (ANZ), offers his afterthoughts on Vietnam’s H1 2019 growth numbers. Key Quotes: “Vietnam’s GDP growth in H1 2019 was solid, considering the downturn in global trade and the impact of African swine fever on the agriculture sector. We maintain our full year 2019 GDP growth forecast of 6.7%. Although this is down from the 7.1% growth rate achieved in 2018, this should still see Vietnam as one of the fastest-growing economies in Asia. Inflation will remain manageable, averaging 2.8% this year which is below the State Bank of Vietnam’s 4% inflation target. We see monetary policy being on hold this year. While Vietnam is seen as a beneficiary of the US-China trade tensions, there is a need to manage the strong foreign direct investment (FDI) inflows to ensure adequate resource allocation and to prevent over-heating. The government’s shift towards focusing on attracting new-generation FDI is essential to ensure sustainable economic development. As Vietnam continues to reap the benefits of past reforms and commit to further ongoing reforms, the country is on track to double its per capita GNI from USD2,400 in 2018 to USD4,800 by 2028, graduating to upper middle income status.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD struggles near monthly lows, just above 0.6900 handle FX Street 4 years Khoon Goh, Head of Asia Research at Australia and New Zealand Banking Group (ANZ), offers his afterthoughts on Vietnam's H1 2019 growth numbers. Key Quotes: "Vietnam's GDP growth in H1 2019 was solid, considering the downturn in global trade and the impact of African swine fever on the agriculture sector. We maintain our full year 2019 GDP growth forecast of 6.7%. Although this is down from the 7.1% growth rate achieved in 2018, this should still see Vietnam as one of the fastest-growing economies in Asia. Inflation will remain manageable, averaging 2.8% this year which is below the State Bank… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.