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Vietnam International Industrial Fair 2009,  logo

Vietnam International Industrial Fair 2009

10/20/2009 - 10/24/2009
VIETNAM MARKET

Vietnam's total export turnover is increase by 9 percent to reach US$ 61.7 billion and 8 percent to hit US$ 66.6 billion next year. Despite the impact of the global economic downturn in 2009, the Vietnamese economy is gradually bouncing back. The GDP growth rate in the second quarter of this year rose nearly 6 percent over the same period last year and industrial production jumped by more than 13 percent.



According to the International Monetary Fund (IMF), the global GDP will increase by 4.2 percent this year and 4.3 percent next year, and Vietnam's GDP will rise from 6-6.5 percent..



Vietnam's export turnover to Asia and the US will also account for 50 percent and 23 percent, respectively of the country's total annual export value. (Source: Vietnam Business News)