An annual report on Vietnam's economy by the US Energy Information Administration (EIA) suggests that growth of GDP will be 5.8% in 2002, slower than the projected 6.6% for 2001, but still respectable.

The report suggested that Vietnam's economy weathered the global economic slowdown of 2001 better than most other Asian economies, largely due to the fact that it is less integrated into the world economy and therefore less vulnerable to declines in demand for its exports. Even so, the EIA economic forecast for Vietnam is significantly lower than the 7.0 - 7.3% increase GDP for next year targeted by the Vietnamese government.

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