New Market Study Published: Vietnam Shipping Report Q3 2012
Softer domestic demand has been primarily blamed for the fact that Vietnam's real GDP growth rate slowed to 4.0% year-on-year (y-o-y) in Q112, down from 6.1% in the previous quarter and marking the worst quarterly outturn since the height of the global recession in Q109. This is due to tighter money and credit conditions, which are beginning to take their toll on consumer and business activity. However, the port of Ho Chi Minh is set to enjoy healthy growth over...
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