Posts Tagged ‘ Gdp Growth ’

Stop chasing GDP targets, economists say 

November 15, 2011
Stop chasing GDP targets, economists say 

    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 [...]

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Vietnam aims to keep inflation at 15-17 pct: PM 

July 3, 2011
Vietnam aims to keep inflation at 15-17 pct: PM 

Prime Minister Nguyen Tan Dung (left) talks with the press July 1 after a regular cabinet meeting. The government will strive to keep this year’s inflation at 15-17 percent, Prime Minister Nguyen Tan Dung told the press after a monthly cabinet meeting on Friday. Curbing inflation, achieving macroeconomic stability and ensuring social welfare will continue [...]

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Viet Nam’s small businesses confident about growth: survey

February 5, 2010
Viet Nam’s small businesses confident about growth: survey

Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]

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WTO willing to sketch Vietnam’s integration roadmap

January 26, 2010
WTO willing to sketch Vietnam’s integration roadmap

The World Trade Organisation (WTO) is willing to lend Vietnam a helping hand in designing roadmap for each specific phase of its integration into the world economy. WTO Director General Pascal Lamy met with Vietnamese Prime Minister Nguyen Tan Dung in Geneva , Switzerland , on January 25.The WTO chief urged Vietnam to continue to [...]

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Prosperity and challenges on the horizon in 2010

January 3, 2010
Prosperity and challenges on the horizon in 2010

Two workers at a bridge construction site in Ho Chi Minh City. Bouncing off an emerging global recovery, Vietnam expects positive economic changes in 2010, specifically export and foreign direct investment (FDI) growth. Policy makers, however, are still weary of the many challenges the developing country faces, not the least of which is the threat [...]

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HCMC targets economic growth of 10 pct next year

December 12, 2009
HCMC targets economic growth of 10 pct next year

Ho Chi Minh City is targeting a GDP growth of at least 10 percent next year on expectations of an economic recovery. The southern hub also plans to keep inflation under 7 percent and targets export growth of 12.7 percent in 2010, according to a resolution passed Friday by the People’s Council, the municipal legislative [...]

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Vietnam to raise ceiling on foreign ownership ratio in local businesses

December 1, 2009
Vietnam to raise ceiling on foreign ownership ratio in local businesses

LookAtVietnam – Vietnam is set to release a decision to lift the ceiling on foreign ownership ratio in local businesses to 49 percent. The good news for foreign investors was released by deputy chairman of the State Securities Commission (SSC) Nguyen Doan Hung on November 30 at the workshop on the capital and finance market [...]

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Vietnam aims high for next five-year plan

November 25, 2009
Vietnam aims high for next five-year plan

LookAtVietnam – Vietnam is eyeing higher economic growth in the next five-year plan, with GDP targeted to average out at 7-8% a year . . . The average GDP growth is some 6.9% a year, and GDP per capita by the end of 2010 should be US$1,200, or higher than the initial target.The Ministry of [...]

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POLITICS IN BRIEF 24/11

November 24, 2009
POLITICS IN BRIEF 24/11

 Vietnam seeks continued assistance from WB; President receives Chinese procurator-general; Phu Tho needs to focus on human resources training: PM Vietnam wants to receive more assistance from the World Bank in training, communications and institutional capacity building, says Deputy Prime Minister Hoang Trung Hai.While receiving WB Country Director for Vietnam, Victoria Kwakwa, in Hanoi on [...]

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Vietnamese businesses need to strengthen ‘soft power’

November 23, 2009
Vietnamese businesses need to strengthen ‘soft power’

LookAtVietnam – Vietnamese business intelligence has improved considerably, but they still lack “soft power. VNR500 is making it easier for businesses to expand their knowledge. Professor Joseph Nye (left) and VietNamNet’s Editor in Chief Nguyen Anh TuanA brainpower breakthrough  At the ceremony to name the 500 top Vietnamese enterprises (VNR500) for 2008, held earlier in [...]

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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...