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Vietnam’s growth moderates amidst severe drought, slow industrial growth

After accelerating strongly last year, Vietnam’s economic activity moderated in the first half of 2016, with GDP expanding by 5.5 percent during the first half of 2016, compared to 6.3 percent growth in the same period last year. A report released today by the World Bank in Vietnam, the biannual Taking Stock, attributes the slower growth to the impact of a severe drought on agricultural ...

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