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Vietnam contention on the forefront of China's economic growth
05/04/2017
The World Bank is expected to increase economic growth in Vietnam over the next three years to 7%, surpassing China, leading in the Asian region, and whose economy growth rate of about 6.5%.
The World Bank said that the economy in Vietnam will record growth in the first quarter of this year, 5.1%, but analysts agency "Bloomberg" expectations are more optimistic, as they expect the growth of its economy by 6.25%.
At the same time, analysts say that the Chinese economy will grow in the first quarter of 2017 by 6.5%, which means that the growth rate in Vietnam approached the Chinese.
Analysts of the World Bank believes that Vietnam will surpass China thanks Alasttmart in infrastructure, and spent Hanoi during the past two years as part of a program for the development of about 5.7% of its gross domestic product, also plans to attract foreign investment in infrastructure projects worth $ 480 billion between 2017 and 2020.
For comparison, the Vietnam's neighbors, such as Indonesia and the Philippines spends about 3% of GDP have on infrastructure development, while, Malaysia and Thailand spends 2% of the size of the local Natgmeha.
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