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Update news ICAEW
Vietnam's economic growth outlook remains optimistic and the economy is forecast to recover to pre-Covid-19 levels in the second half of 2021.
Most Southeast Asian economies were in the doldrums in the first half due to COVID-19 but are expected to spring back in 2021 by ICAEW.
Economic growth across Southeast Asia will slow to 4.5 per cent in 2019 and remain unchanged in 2020, amidst high risks of a re-escalation in trade tensions.
After enjoying GDP growth of 7.08 percent in 2018, the country’s 2019 growth is forecast at 6.7 per cent, which would place it as the fastest growing Southeast Asian economy, according to a report released by ICAEW Economic Update.