Short Lapse In Economic Growth Expected

July 2008
Asia Monitor: South East Asia Monitor Volume 1;Jul2008, Vol. 19 Issue 7, p1
Country Report
The article presents an economic forecast for Vietnam for 2008-2009. It is projected that it will be experiencing a brief slowdown, but should remain one of the world's fastest growing economies over a five-year forecast period. The surge in its inflation and balancing trade deficit are primarily the result of years of heavy investment and loose monetary policy. It is expected that its gross domestic product growth will return to around 8%, once inflation has been brought back in control.


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