Market Report, "Vietnam Infrastructure Report Q1 2013", Published
BMI View: Construction activity in Vietnam continued to contract in the third quarter of 2012, prompting us to pencil in a mild contraction for our 2012 construction forecasts. Real growth is now expected to come in at a negative 0.2% in 2012, compared to our previous forecast of 0.1% real growth. Despite this downward revision, we remain convinced that a near-term recovery is still on the cards for Vietnam's construction industry - construction real growth is projected to reach 7.1%...
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