Positive Signs for the Vietnam Economy

Despite continued high inflation, government data show Vietnam’s economy is showing signs of improvment: high export value and production; and more foreign visitors and investors.

Exports for the first two thirds of 2011 are up 34% to $61 billion and likely to reach $89 billion this year compared to $72 billion in 2010 — helping stabilize the exchange rate and foreign currency reserves.

Industrial production also in growing impressively at an 11% rate, foreign investment is on pace to exceed $11 billion in 2011, and foreign visitors are up 18% so far this year to 4 million.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s