The conference entitled “ Vietnam economy in 2010: Acknowledging Investment and Business Opportunities” was attended by ministry officials, the leading economists and 300 enterprises who evaluated and forecast the global economy, as well as Vietnam ’s prospects for this year.

Participants all agreed that the global economy would show signs of recovery but slowly. Moody’s Credit Assessment Council forecast the world economy would struggle this year, and possibly next year, with unemployment and prolonged budget deficit. Head of the Vietnam Economy Institute, Tran Dinh Thien, said the crisis had reformatted the institutional structure of the world economy.

“If floored powerful economies. Some emerging economies have developed strongly and become economic powerhouses,” Thien said.

Vietnam ’s economy has been clarified to prevent recession and in the process of growth with last year’s GDP of 5.32 percent.