Vietnam's economy is very stable - Dr. Tran Dinh Thien

It can be seen, until the end of 2018 and move to 2019, Vietnam's economy between a world of instability and a downward trend is very strange, still growing well and highly stable.

Vietnam's economy




Vietnam News - It can be seen, until the end of 2018 and move to 2019, Vietnam's economy between a world of instability and a downward trend is very strange, still growing well and highly stable.


Share at the seminar New trends and opportunities for investment in resort real estate in the second half of 2019 organized by Cafeland this morning (May 15), Assoc. Dr. Tran Dinh Thien, Member of the Economic Advisory Group of the Prime Minister said that the current macroeconomic situation is very volatile and quite special.

In 2018, one year of the highest economic growth in the last 10 years and the highest in Southeast Asia. The situation of economic stability, macro is quite good. The alarming launches of the real estate market have been resolved quite well, despite slowing down.

Associate Prof. Dr. Tran Dinh Thien said that in the past year, there were two special news. FDI in 2018 increased highly, the previous year also increased. However, in the last 2 years, we note that it is worth noting for Vietnamese investors that FDI has increased and the number of tourists has increased by 20-25%, so these two factors have an impact on the real estate market. product.

Overview of the macroeconomic situation over the past time can be seen, until the end of 2018 and move to 2019, Vietnam's economy between a world of instability and a downward trend is very strange, still growing well. and very high stability.


“We have to pay special attention to this detail. Because Vietnam does not seem like anyone. When the world is unstable, the trend of growth decreases, Vietnam tends to reverse. It is not unusual here, but it seems that there is a deviation of the economic span of Vietnam compared to the world and the macro management does not coincide with the global trend, ”said Associate Prof. Dr. Tran Dinh Thien.



See more: Slower than Samsung in Vietnam, Apple is losing because of trade war


According to Associate Professor, Dr. Tran Dinh Thien, even the world forecast for the next 2 years, according to the forecast, the world economic growth may drop and macro instability may increase.

However, the forecast for Vietnam shows that growth can be reduced but still a remarkable achievement compared to other economies in the world. Vietnam still has the ability to curb instability to stabilize the macro. Therefore, Vietnam's attractiveness is very prominent. In the last 2 years, FDI to Vietnam has skyrocketed, including the influx of capital from China into Vietnam.

“However, the reforms are still slow, enterprises are weak and contain macroeconomic instability factors. In particular, external factors such as world oil prices, exchange rates, debt. Moreover, although the economy is better, social trust is still problematic. This is a remarkable point, ”emphasized Dr. Tran Dinh Thien.

According to Mr. Tran Dinh Thien, in 2019, economic growth is still good, macro control if nothing is unusual, Vietnam still controls well on inflation.

For the real estate market in 2019, Mr. Thien predicted, this year tourism will continue to grow well, which will positively impact the tourism real estate market.

Vietnam real estate market in big cities and resort markets will become a place of great interest. In particular, recently when Japanese investors are moving from industry to stronger in tourism real estate.

Therefore, the potential of Vietnam in the coming time still receives the attention of international investors. "We have a basis for optimism but need to be cautious," said Thien.
  From Vietnam

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Breaking Vietnam news | Vietnam's #1 News Site | Viet-News.com: Vietnam's economy is very stable - Dr. Tran Dinh Thien
Vietnam's economy is very stable - Dr. Tran Dinh Thien
It can be seen, until the end of 2018 and move to 2019, Vietnam's economy between a world of instability and a downward trend is very strange, still growing well and highly stable.
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