Today’s GDP data show that Vietnam’s economy is showing gradual signs of a recovery from the financial crisis that erupted more than three years ago. Looking ahead, the government is making some progress in cleaning up the banks, but more resources are needed to get the financial sector fully back its feet. We expect GDP growth to remain at around 5.5-6.0% in 2015-16, compared with average growth over the past two decades of around 7.0%.
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