Swiss bank forecasts VN to grow at 8.5 percent
The Credit Suisse bank of Switzerland
has forecast that Vietnam ’s economic growth will reach 8.5 percent in
2010, according to the Saigon Giai Phong (Liberated Saigon) daily.
The Credit Suisse bank of Switzerland
has forecast that Vietnam ’s economic growth will reach 8.5 percent in
2010, according to the Saigon Giai Phong (Liberated Saigon) daily.
The forecast was made during a recent Vietnam visit by the bank’s General Director for the Asia-Pacific, Kai Nargolwala.
The Credit Suisse bank said the strong recovery of exports and increasing domestic demand would be impetus to the country’s economic growth.
Pledging for a long-term investment plan in Vietnam , Kai Nargolwala appreciated the Vietnamese government’s efforts to stabilise cash and credit sources to avoid the economic slowdown and wide-range unemployment and maintain the confidence in the country’s financial resources./.
The forecast was made during a recent Vietnam visit by the bank’s General Director for the Asia-Pacific, Kai Nargolwala.
The Credit Suisse bank said the strong recovery of exports and increasing domestic demand would be impetus to the country’s economic growth.
Pledging for a long-term investment plan in Vietnam , Kai Nargolwala appreciated the Vietnamese government’s efforts to stabilise cash and credit sources to avoid the economic slowdown and wide-range unemployment and maintain the confidence in the country’s financial resources./.
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