ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Vietnam's surprise GDP revision risks damaging economic credibility

Investors will lose trust in Asian nations as unexpected bonuses keep coming

| Vietnam
Nguyen Xuan Phuc's government now has political cover to increase borrowing.   © Reuters

Vietnam has found a quick and easy way to notch up an economic success.

At the stroke of a pen, the Communist-ruled country is revising upward the size of its gross domestic product -- by a whopping 25.4% -- for the seven-year period from 2011 to 2017. Presumably, 2018 -- when it grew 7.1% -- and the current year will also enjoy the fruits of Hanoi's giant statistical discovery.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more