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What will be the impact on Vietnam's GDP growth rate by end of 2024 due to non-market economy status?
2
Resolution / Starting Odds
Increase by more than 1% • 25%
Increase by less than 1% • 25%
Decrease • 25%
No change • 25%
Vietnam's official GDP growth statistics
Story
Biden Administration Continues to Classify Vietnam as Non-Market Economy
Aug 2, 2024, 01:55 PM
The U.S. Department of Commerce announced its decision to continue classifying Vietnam as a non-market economy country. This decision, announced on Friday, is a setback for Vietnam's efforts to boost exports to its most important market. The Biden administration rejected Vietnam's request to be officially recognized as a market economy. In response, the Vietnam Trade Ministry expressed regret over the decision and stated that it will continue to submit another dossier requesting a review of the market economy status for Vietnam. The Trade Ministry emphasized that recognizing Vietnam as a market economy is an objective and fair decision.
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Less than 5% • 25%
5% to 7% • 25%
7% to 9% • 25%
More than 9% • 25%
Below 5% • 25%
5% to 6% • 25%
6% to 7% • 25%
Above 7% • 25%
Economic Reforms • 25%
Trade Negotiations • 25%
Political Pressure • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Textiles • 25%
Electronics • 25%
Agriculture • 25%
Other • 25%
Increase in foreign investment • 25%
Decrease in foreign investment • 25%
No significant change • 25%
Other impact • 25%
Greater than 0.5% reduction • 25%
0.1% to 0.5% reduction • 25%
No impact • 25%
Positive impact • 25%
Vietnam • 25%
China • 25%
India • 25%
Other • 25%