Vietnam expects a weakening of economic growth in the second half of the year

In the third quarter of 2018, the Vietnam Institute for Economic and Policy Research expects the slowdown in the economic growth in the country to 6.65% in annual terms from 7.38% in the first quarter. For the fourth quarter, the Institute predicts a weakening of growth to 6.55%. The reason for the worsening of Vietnam's economic prospects are factors such as trade wars and higher interest rates in the United States. For 2018, the overall GDP growth estimate is confirmed at 6.8%. Experts of the Institute predict that in the third quarter, inflation in the country will be 4.65%, and by the end of the year it will slow down to 4.13%.

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