The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.
The outbreak of the acute respiratory disease caused by the 2019 novel coronavirus (nCoV) has started impacting Indonesia’s tourism and export sectors, according to Indonesian officials.
The Thai National Shippers’ Council (TNSC) believes the export sector could have expanded by no less than 10 percent in 2017 and forecast a 5.5 percent growth in 2018.
President of the Philippines Benigno Aquino has just approved the Philippine Export Development Plan for 2016-2017, setting out the goals, a strategy and roadmap for the export sector.
The Trans-Pacific Partnership (TPP) agreement, which is awaiting ratification by 12 member countries, will have a substantial impact on the Vietnamese economy once it is implemented.
