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 [...]
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December 14, 2011
Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group. Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with the fastest inflation in [...]
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September 16, 2011
Vietnam should consider consolidating its banks and infusing more capital into lenders as part of structural reforms of the financial industry, the Asian Development Bank said Wednesday. “The number of banks is obviously too many, compared to the size of the economy,” Tomoyuki Kimura, Asian Development Bank’s country director for Vietnam, said in an [...]
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August 3, 2011
An investor smiles as she walks past screens showing stock information at a brokerage house in Wuhan, Hubei province June 24, 2011. China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing’s [...]
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June 13, 2011
Austrade Chief Economist Tim Harcourt (R) talks with Australian Consul General Graeme Swift during the launch of the Financial Services Benchmark Report in Ho Chi Minh City on June 10, 2011 The Australian economy in general and its financial services sector in particular have proved their resilience and strength, emerging virtually unscathed from the global [...]
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September 24, 2009
LookAtVietnam – The annual conference and expo “Viet Nam Information and Communications Technology in Finance 2009″ opened in Ha Noi on September 23. Alongside the conference, an exhibition was held, which displayed ICT products and solutions from local and international providers.The event will be a platform for introducing, sharing and accessing the latest Information and Communications [...]
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June 25, 2009
People attending the OECD forum watch a screen with unemployment indications Wednesday at the OECD headquarters in Paris The advanced economies will soon hit the bottom of the recession and have begun the long haul toward a weak recovery by the end of the year, the Organization for Economic Cooperation and Development said. The OECD [...]
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May 22, 2009
Paul Krugman’s advice for Vietnam: don’t lose sight of financial regulation as private business takes off and the “invisible hand” of the market grows stronger. Economist Paul Krugman and Vietnamese Deputy PM Nguyen Sinh Hung in Hanoi on May 22.The Nobel Prize-winning economist said strict regulation of the financial sector and government safety nets would [...]
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May 22, 2009
A teller processes a transaction at a bank in Ho Chi Minh City. Any deregulation âneeds to be done with great care,â Nobel Prize Laureate Paul Krugman said. Paul Krugmanâs advice for Vietnam: donât lose sight of financial regulation as private business takes off and the âinvisible handâ of the market grows stronger. The Nobel [...]
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May 16, 2009
International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn addresses a news conference in Vienna May 15, 2009 The International Monetary Fund will identify and name countries that arenât doing enough to prevent financial and economic imbalances in an effort to detect systemic risks, Director General Dominique Strauss-Kahn said. âWe are developing, with the Financial Stability [...]
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