ECONOMIC RISK: QI09 Growth To Slow

April 2009
Asia Monitor: South East Asia Monitor Volume 1;Apr2009, Vol. 20 Issue 4, p4
Country Report
The article reports on the possible slowing down to 4.0-4.5% year-on-year growth of Vietnam's gross domestic product (GDP) in the first quarter of 2009, according to sources from the Planning and Investment Ministry. It notes that the said decline was attributed mainly to sluggish growth in the manufacturing and service industries as well as deteriorating levels of exports and foreign investment. It also forecasts the country's GDP for the entire year will fall to 2.9% from 6.2% in 2008.


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