DCG optimistic about Vietnamese economy

Vietnam’s economy is becoming good again after a period of “too hot” development, said John Shrimpton, director of Dragon Capital Group (DCG) in Ho Chi Minh City.

Addressing a forum about Vietnam, as part of the 10th Euro Finance Week held in Frankfurt, Germany, from November 19 to 23, the economist from the DCG pointed out good signals in the economy, including lower inflation, reduction in trade surplus, and the stability of the Vietnamese currency.

Vietnam’s exports during the first ten months of the year increased by 13 percent, the highest level in Asia, he added.

The 10th Euro Finance Week draws the participation of about 600 experts and 10,000 visitors from 60 countries around the world.

It is the biggest forum on the financial and insurance sector in Europe.

Source: VNA