Vietam economic growth accelerated in the second quarter after the central bank cut interest rater
To revive lending to businesses while rising foreign to investment improved exports. Gross domestic
Product grew 5% in the second quarter from a year earlier .the central bank has cut its refinancing
Rate eight times since the beginning of 2012 spur lending ,and the government is setting up asset management company to clear bad dedt. Vietnam recently voted to lower the corporate income tax rate to help businesses , while disbursed foreign investment rose 5.6% in the first half of the year
To $5.7 billion.