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Macroeconomic indicators have enjoyed a rollercoaster ride in Vietnam since the end of 2007 when major imbalances first appeared in the shape of accelerating inflation. GDP growth, originally targeted by the goverment to reach between 8,5% - 9% was estimated by at 6.5% in the first half of the year, the slow down mostly attributed to domestic problem. Despite the serverty of the global finacial crisis in the second half of 2008, according to estimate from the General Statistic Office of Vietnam, the annual rate of economic growth was still a respectable 6.23%. Industry and construction grew by 6.33%, services by 7.2% and the argriculture, forestry and fishery sector grew by 3.79%.
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