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Vietnam Industry and Trade News Bulletin for January 7, 2016
A. GENERAL ECONOMIC HIGHLIGHTS 1. WB Forecast: Modest Global Growth in 2016 In its Global Economic Prospects report released on January 6, the World Bank forecasts the global economy will grow by a modest 2.9% in 2016, a slight improvement from 2.4% in 2015 . The modest growth is attributed to a slowdown in major emerging economies like China (forecast at 6.7%) and Brazil . However, the WB notes that strong growth in Vietnam and…