Banks Mobilised Nearly 115 | Look At Vietnam

Impacts of downturn could last 3-5 years, say economists

June 17, 2009

LookAtVietnam – The global economic downturn’s impacts will last three to five years more with negative consequences, especially in the banking sector, economists said in Ha Noi yesterday, June 16. Last year banks mobilised nearly 115 per cent of the GDP and the lending reached 105 per cent of GDP.The prediction was made at a [...]

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Impacts of downturn could last 3-5 years, say economists

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