$110b in FDI-powered exports spur Vietnam economic growth

Vietnam’s gross domestic product (GDP) grew at the rate of 5.62% in 2014, much higher than the world average of 3.3%, mainly due to increased export activity by the FDI enterprises in the sectors of processing and manufacturing. This was revealed by International Monetary Fund’s (IMF) representative Sanjay Kalra at the Vietnam Economic Review 2014 & 2015 conference held by VPBank, today.

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