HANOI (Reuters) -Vietnam’s economic growth is projected to slow to 6.5% this year due to the effects of the U.S. tariff, the International Monetary Fund said on Tuesday, after growth of 7.09% last year.
“Downside risks are high,” the IMF said in a statement, adding that growth will decelerate further next year on unwinding of some one-off government stimulus measures.
“A further escalation in global trade tensions or a tightening of global financial conditions could weaken further exports and investment,” it said.
(Reporting by Khanh Vu; Editing by John Mair)
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