TITLE

Industrial Expansion To Continue

PUB. DATE
February 2008
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Feb2008, Vol. 19 Issue 2, p4
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article discusses the economic outlook in Vietnam in 2008. The author inferred that GDP growth of above 8% will lead the way for the country's industrial expansion in 2008 despite rising cost pressures on the back of high inflation. The inflation is expected to rise towards 15% as Tet lunar new year celebrations in February approaches, leading to possible monetary tightening. However, the author believed that the U.S. economic crisis could put the country's textile industry under pressure.
ACCESSION #
28542908

 

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