BMI's 2008 GDP Forecast Cut To 7.0%

March 2008
Asia Monitor: South East Asia Monitor Volume 1;Mar2008, Vol. 19 Issue 3, p5
Country Report
The article presents projections on the economy in Vietnam. It states that there will be a combination of weaker export growth, particularly in the U.S., and impaired domestic consumption which cuts down gross domestic product (GDP) growth to 7.0% in 2008 from 8.5% in 2007. The weakening of the U.S. retail sales will also affect Vietnamese exporters, especially those in the textile industry.


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