Vietnam gives two scenarios for economic growth amid impact of coronavirus

Foreigners wear face masks while visiting Hỏa Lò Prison Museum in Hà Nội. Tourism is one of the sectors being affected by the coronavirus outbreak in China. - VNA/VNS

HANOI (Vietnam News/ANN): The Ministry of Planning and Investment (MPI) has submitted two scenarios for economic growth this year to the government, as the country faces the impact of coronavirus in China, one of Vietnam’s biggest trade partners.

In the first scenario, if the epidemic is controlled promptly in the first quarter of this year, Vietnam’s GDP growth rate is estimated at 6.27 per cent, 0.53 percentage points lower than the target set by the Government in its Resolution No. 1.