Posts Tagged ‘ Domestic demand ’

Economic growth accelerates as domestic demand gains 

July 2, 2011
Economic growth accelerates as domestic demand gains 

  Vietnam’s economic growth accelerated in the second quarter as domestic demand grew. Gross domestic product climbed 5.67 percent from a year earlier, according to a preliminary estimate released by the General Statistics Office in Hanoi Wednesday. That compares with a previously reported 5.43 percent for the first three months. The economy grew 5.57 percent [...]

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Coal exports make no sense 

June 27, 2011
Coal exports make no sense 

Coal mining in the northern province of Quang Ninh. Vietnam, a major coal exporter, imported its first load of the fuel this month. Vietnam imported its first load of coal this month even as it continues exporting large quantities of the fuel. This is irrational and the country should have stopped exporting it years ago, [...]

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M&As point to growth

February 1, 2010
M&As point to growth

Overall merger and acquisition values and volumes appear to have returned to a growth path in 2009’s fourth quarter giving grounds for optimism for 2010, writes an advisory partner at PricewaterhouseCoopers Vietnam.  Major Vietnamese conglomerates are growingly removing smaller rivals through M&A deals.LookAtVietnam – A slow start, but a strong finish to the year. Overall [...]

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Vietnam’s inflation accelerates to eight-month high

December 24, 2009
Vietnam’s inflation accelerates to eight-month high

A shopper examines a jacket at a market in Hanoi Vietnamese inflation accelerated to the fastest pace since April as higher rice prices pushed up food costs while an accelerating economy fueled domestic demand. Consumer prices rose 6.52 percent this month from a year earlier, according to figures released Thursday by the General Statistics Office [...]

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Rising domestic coal demand to reduce exports

November 16, 2009
Rising domestic coal demand to reduce exports

LookAtVietnam – Viet Nam will reduce coal exports by 2015 due to increasing domestic demand. The coal industry plans to produce 40 million tonnes of coal this year, with half of that for export.Viet Nam is forecast to import for domestic consumption from 2013. Domestic demand was estimated to reach almost 20 million tonnes this [...]

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Fertilisers free of export licence

September 23, 2009
Fertilisers free of export licence

LookAtVietnam – Enterprises will be free to export fertiliser without having to seek Government approval, Enterprises will be free to export fertiliser without having to seek Government approval.Thuy said that the Ministry of Industry and Trade was expected to abolish export licences on fertiliser late this month or early October in the wake of a [...]

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Ministry seeks to stop sand exports

September 18, 2009
Ministry seeks to stop sand exports

LookAtVietnam – The Ministry of Construction, which investigated the on-going sand mining and export in the Cuu Long Delta, has asked the Government to set a deadline The Ministry of Construction has asked the Government to set a deadline for completing export deals signed last year.The investigation, done by inspectors from the Ministries of Natural [...]

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Malaysia can increase fiscal stimulus, IMF says

August 16, 2009

Malaysia has “limited room” for additional fiscal stimulus should the country’s economic condition deteriorate, the International Monetary Fund (IMF) said. Any decision on boosting spending should be made in the medium term because the country faces high budget deficits and rising debt, executive directors at the Washington-based lender said Friday in a statement. Malaysia also [...]

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East Asian economies may have ‘V-shaped’ recovery, ADB says

July 24, 2009
East Asian economies may have ‘V-shaped’ recovery, ADB says

A man walks past an advertising billboard for new housing developments in Beijing, China East Asia’s rebound from the global economic crisis may be “V-shaped” and central bankers must retain expansionary monetary policies even as risks to the recovery dissipate, the Asian Development Bank said. The economies including China, South Korea, Indonesia and Vietnam will [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...