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NEWS UPDATES Asean Affairs     6  June  2016  

Vietnam targets 6.8% economic growth in 2017

VIETNAM is targeting economic growth of 6.8 per cent in 2017, up slightly from 6.7 per cent expected this year, the government said.

Vietnam’s economy grew 6.68 per cent in 2015, the fastest pace since 2007, fuelled by manufacturing and record foreign investment.

Vietnam and the Philippines were the only bright spots among the larger economies in Southeast Asia last year.

The forecast was released in a statement late on Thursday.

But annual economic growth slowed to an estimated 5.46 per cent in the first quarter, the slowest expansion for any quarter since January-March 2014, due mainly to the worst drought in decades and slowing exports.

The World Bank has forecast Vietnam’s GDP will grow 6.2 per cent this year and 6.3 percent in 2017, while the Asian Development Bank estimated growth in the Southeast Asian nation at 6.5 next year, slowing from a 6.7 per cent growth expected this year.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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