12/12/2018 15:10 GMT+7 Email Print Like 0

Vietnam a silver lining in Asian economy: Asia Society

Vietnam is a silver lining in the Asian economy in 2019, according to Vice President of the Asia Society Policy Institute (ASPI) Wendy Cutler.

Speaking at a recent workshop on the future of Asia held by the ASPI in New York, the official said Vietnam has emerged as a silver lining in the regional economy with an economic growth of over 6 percent over the past two years.

She also highlighted opportunities the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring to the Southeast Asian country, adding that as one of the first six countries to sign the deal, Vietnam could optimise benefits from the CPTPP.

In mid-November, the Conference Board economic consultancy organisation predicted Vietnam will be a bright spot in the global economy and have plenty of room to boost economic growth in 2019.

According to the organisation, the economy is projected to expand by 7 percent in the coming year.