Perspective for the Vietnamese Economy in the Context of Asia and the Paci c: An econometric analysis with a global macro econometric model

Within the transition period to a market oriented economy, Vietnam attracts foreign capitals to strengthen the supply-side economy. Especially, FDI plays a very important role to be achieving an export-led growth and contributes to the steady economic growth at 6-8% per annum. According to the scenario forecasts by means of the global model system, it is expected that the Vietnamese economy is likely to experience a high growth achieving a take-off stage with an export-led growth in the strong economic growth in Asia. It is noteworthy that the Vietnamese macro imbalances including I-S and trade imbalance, and so on, are also expected to be improved if FDI will be increasing.