Source: CIOB International News

Viet Nam expects to be promoting around US$150 billion worth of public and private investment over the five years under the government's current socio-economic development plan (SEDP).

The Asian Development Bank has committed to providing US$3 billion funding over the first two years of the period. The ADB has called Viet Nam the "Star of South East Asia" in terms of economic growth, currently running at an annual rate of around 8 per cent. Growth in private investment, consumption and exports are said to be driving a dynamic economy.

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Posted by pichu at October 9, 2006 4:00 PM