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
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