Economics
Vietnam Sees Inflation Risks Along With 6.5% GDP Growth in 2021
- Economy undershot expectations in the first quarter, data show
- Inflation seen rising to highest level since 2012 by December
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Vietnam’s economy remains on track to meet the government’s goal for the year, with officials bracing for a resurgence of demand that could send inflation to its highest level in years.
Gross domestic product can still notch the 6.5% growth the government expects this year, according to Le Trung Hieu, head of the General Statistics Office’s GDP department. He pointed to signs showing the recovery is continuing, including gains in exports and foreign direct investment.