VIETNAM PAINT SECTOR STILL THRIVING DESPITE THE GLOBAL RECESSION

BY MARK ROWE FOR a developing country dependent on exports to a world still groggy from recession, Vietnam and its paint industry have proved impressively resilient over the past 18 months. According to the country's ministry of planning and investment, industrial production value in January was 28.4% higher than the same period last year, and the government called for industry to cut back on imports in February to boost domestic production. Provisional figures from Vietnam's general statistics office suggest that overall economic growth in 2009 was around 5%. ...


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