WEAK DEMAND, STAGNANT CREDIT GROWTH CONCERNS IN VIETNAM

PREMIUM CONTENT. To continue reading please login, or click on SUBSCRIBE above.

May 14, 2013

HO CHI MINH CITY – Vietnam’s Index of Industrial Production, released by the General Statistics Office (GSO), lifted by 5.8% on-year in April, while the HSBC Vietnam PMI posted above the neutral level for a second  month, indicating a gradual rise in production output and improvement in business conditions. In its monthly newsletter, Vietnam Asset Management (VAM) says that while the State sector is struggling to revive, FDI continues to flow into the manufacturing industry, especially the private sector.