Oct 6, 2012

Vietnam – ADB - Vietnam’s economy to grow 5.1 per cent in 2012

Follow Me on Pinterest
Vietnam’s economy will grow 5.1 per cent in 2012 and 5.7 per cent next year, according to the Asian Development Outlook 2012 Update released by the Asian Development Bank (ADB) on October 3.

ADB country director in Vietnam Tomoyuki Kimura said that the government’s commitment to implementing a reliable reform roadmap with specific actions will recover lending and improve confidence in the market.

ADB economic expert Dominic Mellor said that the bank backed the government’s plans to reform the financial sector and state-owned enterprises.

Sharing views on challenges Vietnam has to overcome in the coming time, he stressed the need to solve bad debts and ensure bank capital safety.

VIR/VNA


Business & Investment Opportunities 
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Healthcare and Life Science with expertise in ASEAN. Since we are currently changing the platform of www.yourvietnamexpert.com, you may contact us at: sbc.pte@gmail.com, provisionally. Many thanks.

No comments:

Post a Comment