World Bank believes Vietnam's gross domestic product (GDP) is likely to accelerate 5.67% recording an expansion of 7% Consumer Price Index (CPI) next year, while it is expected to expand 6.2% posting 7.5% in 2015. According to Dr. Doan Hong Quang , Senior World Bank Economist, the country's macroeconomic stability, controlled inflation, regained business community's trust, positive Purchasing Managers' Index (PMI), and increased number of newly-established enterprises is projected to help economic growth during the period. The government is likely to reduce the corporate income tax from 25% to 22%, which is expected to be beneficial for the business activities. The fiscal policies in 2014–2015 are likely to maintain a low interest rate of 10%–13% for favourable businesses conditions to expand production.
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