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July 19, 2021 | 14:35

HSBC lowers growth forecast and predicts fluctuating exchange rate

In a report forecasting Vietnam’s economic development, HSBC has lowered its growth projection from 6.6 per cent to 6.1 per cent due to the ongoing Covid-19 outbreak. It also predicted that the Vietnam dong (VND) exchange rate will fluctuate widely in the second half of this year.

HSBC lowers growth forecast and predicts fluctuating exchange rate
Mr. Ngo Dang Khoa, Country Head of Global Markets at HSBC Vietnam

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