| Tuesday, 5-22-2012 |  Việt Nam |
Economy grows despite difficulties
Update :Wednesday, 8-5-2009
Though the economy was mired in difficulties in the last seven months, it continued to grow, the Ministry of Planning and Investment reported at a regular Government meeting on August 4.
Industrial production grew by 5.1 percent year on year in the period, including 7.6 percent in July.
The construction sector too posted growth, thanks to the government’s stimulus policy and a recovery in the real estate market.
The retail and services sector expanded by 18.3 percent over last year’s same period.
But exports did not do well, falling 13.4 percent to US$32.35 billion.
The ministry warned that the currency and credit indexes rose sharply, and urged the government to take measures to control them to ward off inflation.
The construction sector too posted growth, thanks to the government’s stimulus policy and a recovery in the real estate market.
The retail and services sector expanded by 18.3 percent over last year’s same period.
But exports did not do well, falling 13.4 percent to US$32.35 billion.
The ministry warned that the currency and credit indexes rose sharply, and urged the government to take measures to control them to ward off inflation.
(Source: Saigon-GP Daily)
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Các tin đã đưa ngày: |
Bac Giang Department of Industry and Trade Responsible : Bac Giang Trade Promotion Center Address :01 Dam Thuan Huy Str - Bac Giang City - Tel: 0240.3828607 /Fax: 0240.3828607. Email : hiep@bacgiangintrade.gov.vn - hiepxttmbg@gmail.com |
