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Sovereign wealth funds

An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets

Securitisation is not dead

Securitisation is not dead

By Michael Heise, chief economist Allianz Group/Dresdner Bank

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Wednesday, July 2, 2008

Vietnam's economy grows 6.5% in H1.





Vietnam's economy grows 6.5% in H1. According to news agency Xinhua , figures of the General Statistics Office show that Vietnam's GDP grew by 6.5% in H1/2008 compared to 7.91% in H1/2008. Agricultural production grew by 4.5%, industrial production by 16.5%, export turnover by 16.5% and total retail sales by 30%. Fresh foreign direct investment (FDI) amounted to 30.9bn dollar. The GDP growth target for the year stands at 7%. Vietnam achieved a growth rate of 8.48% last year.







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