Vietnam closes out 2014 with a slew of positive macro indicators setting upbeat expectations for 2015. GDP growth reached a 4-year high of 5.98%, exceeding both the government’s target of 5.8% and consensus of 5.4%-5.6%. For the first time, inflation ended below 2% y-o-y on drastic fuel price cuts. The trade surplus hit a record high of USD2bn, thanks largely to foreign invested enterprises and the electronics sector in particular.