Economic activity in developing Asia is forecast to contract by 0.4 percent this year, an improvement from the -0.7 percent gross domestic product (GDP) growth forecast in September, according to a report released by the Asian Development Bank (ADB). Illustrative photo (Source: VNA) Hanoi (VNA) – Economic activity in developing Asian economies is forecast to contract by 0.4 percent this year, an improvement from the -0.7 percent gross domestic product ( GDP ) growth forecast in September, according to a report released by the Asian Development Bank (ADB).…

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