Archive for the ‘macroeconomic’ Category

Vietnam economy set to keep surging

October 13, 2007

The Bangkok Post
October 12, 2007

As Vietnam’s success story continues to remain vibrant and the county moves closer to usurping Thailand’s position as the second-largest economy in the 10-member Asean grouping, economists say economic growth could flirt with double digits for the next five years.

”The macroeconomic fundamentals of the country continue to remain very strong and we do not see any reason to doubt that their growth could be less than 9% per year for the next five years,” said Sriyan Pietersz, head of research at JP Morgan Securities, who leads the Thailand, Vietnam and Pakistan research desks for the firm.

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