July 2, 2013
Reposted from Business Times
Viet Nam’s economy was on the right track to recovery, with inflation no longer a great concern, according to Minister of Planning and Investment Bui Quang Vinh.
He was speaking at the regular cabinet meeting in Ha Noi yesterday, June 27, to review the country’s socio-economic status during the first half of the year.
His statement was backed up with positive readings of the main macro-economic indicators released by the General Statistics Office (GSO) yesterday.
The nation’s gross domestic product grew 4.9 per cent year-on-year in the half past of this year. The growth rate means Viet Nam has expanded at a slower pace compared to the same period last year, but growth was on an upward trend on a quarterly basis. More…