Thursday, 14 November 2013

Vietnam Shipping Report Q1 2014

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Vietnam Shipping Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

There are signs that the Vietnamese economy is on the right track with latest data published by the General Statistics Office (GSO) released in October 2013 showing that the Vietnamese economy expanded by 5.1% in the first nine months of the year, closely in line with our forecast for real GDP growth to come in at 5.3% for 2013. Heading into 2014, the country's shipping sector looks in decent shape too, with healthy growth expected both in terms of tonnage and box throughput at the country's two major ports. However, we believe that tight credit conditions, due to the lack of progress in resolving the country's banking sector woes, will keep Vietnam's economic growth subdued over the coming quarters. Overall, we are happy to maintain our forecast for real GDP growth to come in at 5.3% and 6.0% for ...

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