(VOVworld) – A recent Bloomberg survey reported that Vietnam’s economic growth of nearly 7 percent this year will put it among the fastest-growing markets in the world, while the world’s largest emerging economies - Russia, Brazil, and China may falter.

Vietnam is forecast to be among the fastest-growing markets in the world (source: Bloomberg)

Increasing domestic demand and booming foreign direct investment are helping Vietnam counter global threats that have sparked a wave of stock selling and currency depreciation this year. The Communist Party of Vietnam’s draft socio-economic plan for 2016 to 2020 calls for Vietnam to maintain an average annual growth of 7 percent.