Wednesday, March 14, 2012

Vietnam's GDP grows 6.23 percent in 2008

Vietnam's economy is expected to grow 6.23 percent this year, the lowest level in nearly a decade, as the Southeast Asian country grapples with inflation of nearly 23 percent, the highest in nearly two decades, the government said Thursday.

Prime Minister Nguyen Tan Dung said the global economic slowdown was to blame for the new figures, but pointed out that things could have been worse.

"Growth of 6.23 percent in 2008, which does not meet the National Assembly target, is still relatively high in the face of many difficulties," he was quoted as saying on a government Web site Wednesday.

The assembly recently revised its growth target …

No comments:

Post a Comment