Vietnam Infrastructure Report Q4 2012 - New Market Research Report
BMI View: Construction activity in Vietnam continued to contract in Q212, prompting us to revise down our full-year forecast for the construction sector. Real growth for 2012 is now expected to come in at just 0.1% (down from a previous forecast of 4.9%). Despite this downward revision, we remain convinced that a robust recovery is still on the cards for Vietnam's construction industry as monetary conditions become increasingly conducive for construction. This expectation is reflected in our forecasts, with construction...
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