TITLE

Country Risk Summary: VIETNAM

PUB. DATE
September 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Sep2004, Vol. 15 Issue 9, p4
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article focuses on various developments related to Vietnam's politics and economy. The U.S. House of Representatives has voted in favour of freezing non-humanitarian aid to Vietnam until there is an improvement in the country's human rights record. The ruling Vietnamese Communist Party objected to the announcement, saying that it ran against recent attempts between the two countries to normalise' diplomatic, political and economic relations'. Vietnam's gross domestic product grew by 7% in the 2004 fiscal year. Although the growth rate was below the government's full-year forecast of 7.5-8.0%, it still made Vietnam one of the fastest-growing economies in Asia in the first half of the year. The U.S. Commerce Department has introduced tariff duties of 12-93% on frozen and canned shrimp from Vietnam.
ACCESSION #
14230879

 

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