October 8, 2011
A long-term cost/benefit analysis of tax policy against state revenues and spending could benefit the country as corporate taxes account for a major portion of revenues A man leaves away after closing his factory, which makes blankets, pillows and mattresses, in Ngoc Nu village outside Hanoi June 23, 2011. As Vietnam fights to beat [...]
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July 25, 2011
Food, transport and construction-material prices have stoked consumer-price growth in Vietnam. Vietnamese inflation accelerated for an 11th month in July after the central bank cut a key interest rate even as the nation faces the fastest price gains in Asia. Consumer prices rose 22.16 percent from a year earlier, compared with June’s 20.82 percent pace, [...]
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July 22, 2011
Deputy Prime Minister Nguyen Sinh Hung speaks at a National Assembly meeting Thursday Vietnam has faced more challenging economic problems than expected, but it managed to achieve positive results in the first half of the year. A government report submitted Thursday to the National Assembly by Deputy Prime Minister Nguyen Sinh Hung said even though a first-half [...]
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October 27, 2009
Vietnam, the worldâs second-biggest coffee grower, exported 48,000 tons last month, the General Statistics Office in Hanoi said Tuesday, 7 percent higher than previously estimated. The agency initially estimated that the Southeast Asian nation would ship 45,000 tons of coffee in September.Exports in October may rise to 60,000 tons, increasing year-to-date shipments to 948,000 tons, [...]
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August 8, 2009
In a continuing series on the status of education in the Mekong Delta, SGGP looks at the lack of investment in the sector. Long Duc Primary school in the southern province of Tra Vinh is in a terrible state but at least has a concrete building. Many schools in the Mekong Delta are built of [...]
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July 18, 2009
A worker cleans an ATM booth of VietinBank in Ho Chi Minh City. The State Bank of Vietnam has asked the countryâs biggest lenders to restrict loan growth this year at 25 percent on accelerating inflation concerns. The Lao Dong newspaper on Friday cited a central bank report as saying state-owned banks and two partly [...]
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July 15, 2009
The Government’s economic strategists find reason for pride in the first half 2009 results. They say that if Vietnam’s unique stimulus policies are implemented resolutely and flexibly, there’s nothing to fear. We must maintain high economic growth rate and fight inflation at the same time. That’s really a great challenge for us and can be [...]
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June 30, 2009
A teller counts US dollar notes at a branch of Vietcombank in Ho Chi Minh City Vietnam has sufficient foreign currency reserves, thanks partly to a limited trade deficit in the first half of 2009, and the central bank will not need to adjust the exchange rate, Prime Minister Nguyen Tan Dung said. âThe six-month [...]
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June 21, 2009
Unemployed migrants from the countryside wait for jobs at the Cau Moi Market in Hanoi. LookAtVietnam – Vietnam has managed to create jobs for just 650,000 workers in the first six months of this year, a year-on-year decrease of 17 percent, Deputy Minister of Labor, Invalids and Social Affairs Dam Huu Dac said on June [...]
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June 18, 2009
Vietnam has approved a plan to raise the targeted cap on annual credit growth this year to 30 percent, from an initial projection by the central bank of 21 to 23 percent, Governor Nguyen Van Giau said Wednesday. The government had decided to allow relatively high credit growth this year to support the economy, he [...]
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