January 25, 2012
Consumer demand for holiday goods and transportation will grow 10 percent from last year, according to a government forecast that urged authorities to monitor and stabilize prices. Asia’s fastest inflation is the last thing on Tran Hang’s mind as she jostles fellow shoppers at a street stall in Hanoi’s Old Quarter to snap up [...]
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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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October 20, 2011
A corporate logo is displayed at the Nokia flagship store in Helsinki in this picture taken September 29, 2010. The world’s largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. Shares in Nokia [...]
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September 15, 2011
EU commissioner for Economic and Monetary Affairs Olli Rehn has said eurozone economy was set to come to a “virtual standstill” in the second half of the year, but he assured that Europe would avoid another recession. The eurozone’s runaway debt crisis is dragging down growth, the EU warned on Thursday as finance ministers headed [...]
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January 28, 2010
The International Monetary Fund (IMF) said Tuesday the global economy is recovering faster than previously anticipated and will grow 3.9 percent this year and 4.3 percent in 2011. The IMF said it had revised upwards its earlier forecast for global growth by 0.75 percentage point from the October 2009 forecast.RECOVERY SLUGGISH IN ADVANCED ECONOMIESBut the [...]
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January 15, 2010
LookAtVietnam – The national economy has overcome recent difficulties and will reach a growth rate higher than last year’s The conference entitled “ Vietnam economy in 2010: Acknowledging Investment and Business Opportunities” was attended by ministry officials, the leading economists and 300 enterprises who evaluated and forecast the global economy, as well as Vietnam ’s [...]
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December 21, 2009
Farmers in Yen Phong District, Bac Ninh Province, till paddy fields ahead of the upcoming rice season, as water is released from local reservoirs for irrigation.LookAtVietnam – About two billion cubic metres of water will be released from reservoirs to save winter-spring crops in northern regions from looming drought.According to the plan agreed between the [...]
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December 2, 2009
LookAtVietnam – The Ministry of Finance has released a report with a forecast for the world’s economy in 2010 and possible problems Vietnam may face. Prices up, interest rates up The report said that in 2010, the world’s economy will continue upward. The International Monetary Fund (IMF) has predicted a 3.1 percent growth rate of the [...]
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November 28, 2009
Increasing office supply in Vietnam is rapidly outpacing demand, sparking debate as to whether or not prices have actually bottomed out yet. A director of an office building in Ho Chi Minh City’s District 1 said more clients were looking for leases toward the end of the year as their current contracts were about to [...]
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October 24, 2009
House members discuss budget deficit at a session in Hanoi Friday Vietnamese legislators said the 2010 budget deficit should be kept at 6 percent of gross domestic product instead of 6.5 percent as projected by the government. Fiscal policies need to be tightened, Ho Chi Minh City representative Tran Du Lich said on Friday at [...]
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