(VOVworld) – The Vietnamese government expects that economic growth will be 6.7% and the consumer price index will be kept under 5% in 2016.

However, economists say this depends on Vietnam’s efforts to restructure its economy and change the growth model and how Vietnam makes the most of its free trade agreements such as the TPP and the ASEAN Economic Community. Associate professor Doctor To Trung Thanh of the National Economics University said: “Vietnam’s economic recovery will be better in 2016. FDI will continue contributing significantly to economic growth and there will be more opportunities from international economic integration. I think that Vietnam’s GDP will grow 6.7-6.8% and inflation will be kept at 2-2.5%. The price of oil may reduce but not much so the effects will not be as big as in 2015.”