Viet Nam’s banking sector earnings growth is likely to moderate this year following a sterling year in 2018 due to expected slowing of loan growth to 13 per cent, experts forecast.
The Vietnamese dong would remain stable against the US dollar in the near future, supported by the country’s robust foreign direct investment (FDI), a healthy current account surplus, and by the central bank’s active intervention, experts forecast.
Viet Nam''s fiscal deficit will stay high at 5.7 per cent in 2019 due to delays in the divestment of State-owned enterprises (SOE) and lower import tax revenues, Fitch Group’s Fitch Solutions forecast.
