VCSC Daily - 1Q GDP reveal struggling economy

Market Commentary

26 Mar 2013

Masan Group and Vinamilk down on struggling economy. MSN and VNM contributed 3.23 points of the VNI index’ 4.11 point loss today following a rather modest GDP growth figure of 4.89% in the first quarter. While the growth pace quickened, industrial production is slowing and inventory levels remain high.

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