TITLE

Investment To Cushion External Weakness

PUB. DATE
October 2010
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Oct2010, Vol. 21 Issue 10, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports that private consumption and investment in infrastructure development are expected to drive economic growth in Vietnam. The country recorded gross domestic product (GDP) growth of 6.3% year-on-year in the second quarter of 2010. Tax policies aimed at promoting investment in the tourism sector are expected to provide support for the industry's growth. It is stated that widening trade deficit due to external demand weakness may pose some challenges.
ACCESSION #
53697519

 

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