VIIF- Vietnam International Industrial Fair 2012
conferenze > All-Round Fairs (International) - General conferenze > VIIF- Vietnam International Industrial Fair
October 17 - 21, 2012
Hanoi , Vietnam
Vietnam Sets the Stage for an Improved 2012
Vietnam’s successful effort to get inflation below 20% for 2011 caused the country’s economic growth rate to sink well below last year’s 6.8% — although any developed country would be overjoyed to achieve Vietnam’s 2011 GDP growth that came in at 5.9%.
The consumer price index remained extremely high at 18% in December, but significantly below the summer peak. The Government hopes to get the CPI down to 9% next year while maintaining 6% economic growth and cutting interest rates on loans that had risen as high as 25% in 2011.
Vietnam’s successful effort to get inflation below 20% for 2011 caused the country’s economic growth rate to sink well below last year’s 6.8% — although any developed country would be overjoyed to achieve Vietnam’s 2011 GDP growth that came in at 5.9%.
The consumer price index remained extremely high at 18% in December, but significantly below the summer peak. The Government hopes to get the CPI down to 9% next year while maintaining 6% economic growth and cutting interest rates on loans that had risen as high as 25% in 2011.
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