Mr. Nirukt Sapru, the bank's CEO for tai w88 and ASEAN and South AsiaCluster Markets, said almost all macro-economic indicators of tai w88 improved in 2017, helping the country minimize risks of market volatility and increase competitiveness in export in comparison with other ASEAN member nations.
Increasing attraction of foreign direct investment (FDI) and the State Bank of tai w88’s management ability and policies have contributed to building the trust in the business community, the report said.
tai w88’s manufacturing sector was predicted to reach a double-digit growth in 2018 thanks to FDI flows and increasing demand of electronics in global markets.
The bank also forecasted that tai w88 is likely to lure nearly 15 billion USD in FDI this year, mainly in term of electronic production.
The service sector will also be one of the main contributors to the nation’s GDP growth, it noted.
According to Mr. Chidu Narayanan, economist for Asia at Standard Chartered Bank, tai w88 is benefiting from joining free trade agreements (FTA) in the region and the world.
He said the young, well-educated workforce and low costs will also help tai w88 attract more FDI in the near future.
Standard Chartered forecasts 6.8 percent GDP growth for tai w88
18/01/2018 lúc 13:36 (GMT)
Theo dõi Tạp chí công thương trên
TCCTStandard Chartered tai w88 in Ho Chi Minh City on January 17 issued a global economic report, forecasting that tai w88’s GDP will expand 6.8 percent in 2018.
