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| Improved April growth signals recovery in Q2 |
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| May 3, 2009 |
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Local and foreign economic experts predict Vietnam's economy will see stronger recovery in the second quarter of the year based on improvements in industrial output, exports and services in April.
The National Centre for Information and Socio-Economic Forecast under the Ministry of Planning and Investment estimates the country's GDP growth rate in the second quarter at 3.5-3.8 percent, a 0.4-0.7 percent increase compared to the first quarter's figure.
The annual growth rate this year is forecast to be between 4.5-5 percent.
While optimistic about the second quarter's prospects, the centre still calls for stronger measures to cope with the adverse impacts of the global economic recession...
(VietNamNet/VNA) |
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