#vietnam gdp

Vietnam’s gross domestic product (GDP) is projected to surge by 30 billion USD if the country succeeds in its digital transformation of small- and medium-sized enterprises (SMEs), an official has said.

Vietnam’s fiscal deficit, including principal repayments, would come in at 6.6 percent of GDP this year and next year, up from 5.9 percent in 2018, Fitch Solutions Macro Research forecast.

The Fourth Industrial Revolution could increase Vietnam’s GDP by between 28.5 billion USD and 62 billion USD by 2030, equivalent to a rise of 7-16 percent, according to the Central Institute for Economic Management (CIEM).

Vietnam’s gross domestic product (GDP) in the first nine months of 2016 expanded by 5.93% from a year earlier, according to the General Statistics Office (GSO).