TITLE

Powering Ahead

PUB. DATE
July 2005
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jul2005, Vol. 16 Issue 7, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article focuses on how Vietnam's economy grew by 7.2 percent in the first quarter of 2005. Vietnam still ranks among Asia's fastest-growing economies, with GDP growth to remain constant at 7.7 percent in 2005. However, after recording Q1 growth of just 7.2 percent, there are downside risks to this projection. The National Assembly, the country's parliament, has set a growth target of 8.5 percent for 2005, but to achieve this the country will have to grow at 9 percent for the remaining three quarters, suggesting this ambitious figure may be revised downwards.
ACCESSION #
17466650

 

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