January 21, 2012
The Asia Development Bank (ADB) on Tuesday signed a US$24.8 million support agreement to foster Vietnam’s "inclusive growth" and thus aid further poverty reduction in the country, the bank said in a press release. Through the support agreement, ADB will provide parallel financing to the Poverty Reduction Support Credit framework supported by a number of development [...]
Tags: development, economic, Economic growth, Economic Growth And, efforts, growth, Inclusive, Inclusive Growth, Macroeconomic, percent, Poverty, Poverty Reduction, Press Release, Promote Economic, Promote Economic Growth, reduction, reforms, release, Socioeconomic Development, support, Support Agreement, The Macroeconomic, The Poverty, The vietnamese, The Vietnamese Government, Vietnam, Vietnamese Government
Posted in Politics | Comments Off
January 9, 2012
 Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the Asian Development Bank forecasts a difficult year ahead for Vietnam. However, it [...]
Tags: Accounting System, Accounting System Ndash, An Issue For, And Corporate Governance, And Finance Sector, Any Unrest, Asian, Asian Development, Asian Development Bank, banking, Banking And Finance, Banking And Finance Sector, Banking Sector, banks, based, biggest, Biggest Challenges, capacity, capital, Capital Adequacy, challenge, Challenge For The, challenges, corporate, Corporate Governance, Creating Any Unrest, credit, Credit Growth, development, Development Bank, Difficult Year, Digit Inflation, economic, Economic growth, Economic Growth Forecast, economy, enterprises, Finance Sector, financial, Financial Sector, For The Banking, forecast, Forecast Last, Forecast Last September, Global economic, Governance, Government, growth, Growth Forecast, Has Lowered, Has Lowered Vietnam, High Credit, High Credit Growth, In 2012 The, In Restructuring The, Including, inflation, investment, issue, Last September, Lowered Vietnam, management, Management And Corporate, Management And Corporate Governance, monetary, Monetary Policy, Monetary Policy And, More Specifically, Of High Credit, Of High Credit Growth, Owned enterprises, percent, policy, Prolonged Period, public, Public Investment, reducing, Reducing Inflation, reform, reforms, remains, restructuring, Restructuring The Banking, Restructuring The Banking And, Restructuring The Banking Sector, Restructuring The Economy, Risk Management, Risk Management And, Risk Management And Corporate, sector, Sector For The, Sector For The Banking, single, Single Digit, Single Digit Inflation, Small Banks, state, State bank, State owned enterprises, State-owned, Structural, system, System Ndash, The asian, The Asian Development, The Asian Development Bank, The Banking, The Banking And, The Banking And Finance, The Banking Sector, The Biggest, The Biggest Challenges, The Cost, The economy, The financial, The Financial Sector, The government, The Government Should, The Larger, The Prolonged, The Prolonged Period, The Reform, The state, The state bank, The Structural, The vietnamese, The world, The World Economy, These Reforms, Tightened Monetary, Tightened Monetary Policy, To Restructuring The, To Restructuring The Economy, Tomoyuki Kimura, Vietnam, Vietweek, What Are The, Without Creating, Without Creating Any, Without Creating Any Unrest, World Economy
Posted in Reports | Comments Off
November 26, 2011
Vietnam’s inflation slowed for a third month in November, and the central bank signaled it may consider lowering interest rates. Consumer prices rose 19.83 percent from a year earlier, after climbing 21.59 percent in October, the General Statistics Office said in Hanoi Friday. The State Bank of Vietnam has room to cut policy rates [...]
Tags: Asia-Pacific, billion, Bloomberg, Central bank, Climbed, earlier, economic, Economic growth, exports, Food Prices, Friday, Government, growth, Hanoi, Hanoi Friday, Hong kong, impact, In Hanoi Friday, In Hong Kong, In November From, In November From October, In The First, inflation, Last month, Ldquo, monetary, month, months, November, November From October, October, Pacific, percent, policy, Policy Rates, prices, Prices Rose, rates, Rdquo, Rice Prices, State bank, Statistics Office, Statistics Office Said, Telephone Interview, The Currency, The Dong, The first, The Impact, The state, The state bank, The vietnamese, This month, Trade deficit, Vietnam, Vietnam Industrial, Vietnamese, Year Earlier
Posted in Business | Comments Off
November 15, 2011
International Monetary Fund chief Christine Lagarde (L) shakes hands with China’s Prime Minister Wen Jiabao during a meeting in Beijing on November 9, 2011. China’s financial system is at risk from bad loans, booming private lending and sharp falls in property prices, the International Monetary Fund warned Tuesday, as it called for sweeping reforms. In [...]
Tags: allow, Also Called, banks, Beijing, called, Central, Central bank, China, credit, crisis, economic, Economic growth, Fiechter, financial, Financial System, Financial System The, Government, growth, In Economic Growth, In Property Prices, Interest rates, International, International Monetary, International Monetary Fund, Ldquo, lending, monetary, Monetary Fund, prices, property, Property Prices, rates, Rdquo, system, System The Imf, The 2008, The central, The central bank, The Imf, The Imf Said, The System, Trillion Yuan
Posted in International | Comments Off
November 15, 2011
 Several economists are saying the government should not commit itself to any gross domestic product target, adding economic growth cannot be a forced process. Vietnam should just follow other countries and release regular economic forecasts instead, they suggest. Vu Quang Viet, who has worked with the United Nations Statistical Division, said GDP growth [...]
Tags: And Budget Deficit, Around The World, assembly, Average Growth, Bao Kinh, Budget, Budget deficit, Budget Spending, Businesses, cannot, economic, Economic growth, Economic Targets, economists, economy, Forecasting, forecasts, Gdp Forecasting, Gdp Growth, Gdp Growth And, Gdp Growth Targets, Gdp Projections, Gdp Targets, Government, growth, Growth Target, Growth Targets, He Said Ldquo, Important Economic, inflation, Kinh Te, Ldquo, Local Businesses, long-term, Most Important, Most Important Economic, National, National assembly, Other countries, percent, policies, problem, Rdquo, Rdquo Tho, Rdquo Tho Said, Said Economist, Said Gdp, Said Gdp Growth, Said ldquo, spending, target, targets, Te Saigon, Thanh, Thanh nien, That The Government, The economy, The government, The Government Should, The Growth, The Most Important, The Most Important Economic, The national, The National Assembly, The problem, The Target, The world, This year, This Year The, Thoi Bao, Thoi Bao Kinh, Vietnam, When The Growth
Posted in Business | Comments Off
November 11, 2011
resident Obama looks on as Chinese President Hu Jintao speaks during their joint news conference on Wednesday, Jan. 19, 2011, in the East Room of the White House in Washington. I had dinner this week in Beijing with an elegant 85-year-old woman named He Liliang, who had one of the great front-row seats to history. [...]
Tags: Budget, China, China Sea, Chinese, Cold War, countries, defense, Doesn, economic, Economic growth, He Said But, In The 1980s, Jonathan Alter, Ldquo, learn, major, Means Rdquo, military, New Attitude, Not Soldiers, Obama, Of The Great, Other Means, Other Means Rdquo, Politics, Rdquo, Rdquo Says, Says Wu, South China, South China Sea, Still Doesn, The 1980s, The Military, The new, The south, The South China, The South China Sea, The world, world
Posted in Life in Vietnam | Comments Off
October 31, 2011
 Indian Sikh devotees pay their respects during Diwali at the Sikh Shrine the Golden Temple in Amritsar on October 26, 2011. As the global population hits seven billion, experts are warning that skewed gender ratios could fuel the emergence of volatile "bachelor nations" driven by an aggressive competition for brides. Many demographers believe the [...]
Tags: Babatunde Osotimehin, Be Born Into, billion, Billionth Person, Billionth Person Will, challenges, change, Climate change, countries, development, Dr Babatunde, Dr Babatunde Osotimehin, economic, Economic growth, Economic Growth And, Education, ensure, Everywhere, Girls, global, growth, Have The Potential, Health, Must Ensure, nations, Of The World, opportunities, Our Numbers, Our World, Our Youth, people, population, Populations, potential, sustainable, The Challenges, The global, The Potential, The united, The United Nations, The world, United, United Nations, We Must Ensure, women, world, Young people, Youth, Youth Populations
Posted in Life in Vietnam | Comments Off
October 13, 2011
Vietnamese inflation may jump and the priority is to curb it, the Communist Party said as Asia’s fastest consumer-price growth adds pressure on the dong. Inflation is “at risk of surging,” Communist Party General Secretary Nguyen Phu Trong said in the text of a speech posted on the government’s website Monday. Vietnam will prioritize [...]
Tags: 2011 2015, 2011 2015 Period, 2015 Period, Bloomberg, Central, Central committee, Communist Party, consumer, Consumer Prices, currency, economic, Economic growth, exchange, Exchange rate, For The Fourth, For The Fourth Time, Fourth Time, growth, inflation, Last week, Ldquo, Monday, Monday Vietnam, Of The 2011, Of The 2011 2015, Party, Per Dollar, percent, pressure, Rdquo, Said Vietnam, Said Vietnam Will, state, State bank, The 2011, The 2011 2015, The 2011 2015 Period, The Currency, The Dong, The first, The Fourth, The Fourth Time, The Nation, The state, The state bank, Trong, Vietnam, years
Posted in Business | Comments Off
October 8, 2011
Four years after a real estate boom that saw investors camp out on the streets waiting to pay cash for unbuilt apartments, Vietnam’s once-hot property market has caught a chill. High inflation and interest rates along with a government-imposed credit squeeze have led to a fall in prices and other incentives to entice residential [...]
Tags: 20 Percent, analysts, caught, Chi minh, Chi minh city, credit, Credit Squeeze, economic, Economic growth, estate, Government, growth, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Hot Property, Hot Property Market, In The City, inflation, interest, Interest rates, Jones Lang, Jones Lang Lasalle, Lang Lasalle, Ldquo, Ldquo Obviously, market, Minh city, offering, Office, Office Space, On The Market, Once Hot Property, Once Hot Property Market, Own Home, Per Square, Per Square Meter, percent, prices, property, Property Market, rates, Rdquo, real-estate, really, Really Really, rents, residential, Said ldquo, Space, Square Meter, The city, The Downturn, The government, The market, Their own, Trung, Vietnam, Wallace, We Cannot
Posted in Business | Comments Off
September 26, 2011
Current minimum wages stipulated for state workers and the armed forces are insufficient to meet minimum needs, according to a survey results released Friday by the Ministry of Home Affairs. The survey covered respondents from officers at the ministries Health, Education and Training, and Science and Technology, and people in 15 cities and provinces. More [...]
Tags: Armed Forces, Been Raised, Both State, Current Minimum, Current Minimum Wages, Economic growth, First Time, For Both State, For State Workers, further, Home Affairs, Minimum, Minimum Wages, Minimum Wages For, Minimum Wages For Both, month, raised, state, State Workers, State Workers And, survey, The first, The First Time, The government, The Minimum, The Survey, To Vnd830 000, Vietnam, Vnd830 000, wages, Wages For Both, Wages For Both State, workers
Posted in Social | Comments Off
