Vietnam

A new report released by the World Bank says that Vietnam’s GDP is poised for gradual but steady growth in the medium-term future. The bank’s East Asia and Pacific Economic Report for April 2015 noted that Vietnamese GDP growth picked up to 7% in Q4 2014, contributing to a growth rate of 6% for the year, the highest since 2011. The report did mention, however, that the country is still performing below its potential due to “slow-moving structural reforms.” (Fibre2Fashion)