Posts Tagged ‘ Global economic ’

Single-digit inflation target feasible, says ADB exec 

January 9, 2012
Single-digit inflation target feasible, says ADB exec 

    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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President praises overseas Vietnamese’ contributions to homeland

February 7, 2010
President praises overseas Vietnamese’ contributions to homeland

President Nguyen Minh Triet has highlighted Vietnam’s important achievements in 2009, attributing them to the efforts by all Vietnamese people, including overseas Vietnamese. LookAtVietnam – President Nguyen Minh Triet has highlighted Vietnam’s important achievements in 2009, attributing them to the strong resolve and constant efforts by all Vietnamese people, including those residing overseas.At a Tet [...]

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POLITICS IN BRIEF 6/2

February 6, 2010
POLITICS IN BRIEF 6/2

Ambassadors urged to boost Vietnam’s profile; Mexican State seeks stronger ties with Vietnam; PM receives Lao education minister; Former leaders contribute to draft political report; AIPA gets new Philippine Secretary General Ambassadors urged to boost Vietnam’s profile  Prime Minister Nguyen Tan Dung has asked newly accredited Vietnamese ambassadors to mobilise foreign aid for national development, [...]

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Global recovery still a fragile process: World Bank

January 31, 2010
Global recovery still a fragile process: World Bank

Workers at an apparel factory in Ho Chi Minh City. The global economic recovery currently underway will slow down later this year and the process remains fragile, the World Bank has cautioned. In its “Global Economic Prospects 2010” report released Wednesday, the bank says the slowdown will happen on the back of the waning impact [...]

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Generating democratisation in global governance an urgent demand, says PM

January 29, 2010
Generating democratisation in global governance an urgent demand, says PM

PM Nguyen Tan Dung on January 28 delivered a speech at the World Economic Forum’s Plenary Session on Reshaping the Global Governance in Davos, Switzerlands. Below is the speech in full. PM Nguyen Tan Dung speaks at the WEF on January 28 (photo: government’s website).I would like to share with you my thoughts on reshaping the global [...]

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BUSINESS IN BRIEF 28/1

January 28, 2010
BUSINESS IN BRIEF 28/1

Foreign tourists to Vietnam up 20 percent in January; Vietnam Airlines opens first European rep. office; Vietnam to grow by 6.5 pct: EuroCham director  Phu Quoc islandThe number of overseas arrivals to Vietnam in January reached about 416,000, an increase of 20.4 percent over the same period last year and 10 percent compared with December, [...]

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BUSINESS IN BRIEF 24/1

January 25, 2010
BUSINESS IN BRIEF 24/1

Retail market targets 20% growth for 2010; Coffee prices sink on low demand; Metro Cash&Carry to open 12th center in Vietnam; Farmers to get market data; Ministry project to stabilise rice prices VN food firm forms joint venture for rice export in Cambodia  The Southern Food Corporation (SFC) has established a joint stock company with two [...]

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Recovery remains a bumpy road

January 23, 2010
Recovery remains a bumpy road

The Vietnamese economy is heading to a higher growth in 2010, but a lot of challenges are waiting ahead. As public investments keep on expanding, efficiency continues to raise questionsAs public investments keep on expanding, efficiency continues to raise questions Since Vietnam’s economic growth bottomed out at 3.1 per cent in the first quarter of [...]

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Shoemakers shoot themselves in the foot

December 29, 2009
Shoemakers shoot themselves in the foot

Vietnamese footwear exporters may have harmed themselves by not cooperating with EU inspectors, Alain Cany, chairman of the European Chamber of Commerce in Vietnam, tells Thanh Nien Weekly. With a majority of the European Union’s member states approving a proposal by the European Commission to extend antidumping duties on footwear imported from Vietnam and China [...]

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White paper makes military spending public for first time

December 13, 2009
White paper makes military spending public for first time

A Vietnamese Navy exercise on the warship HQ 53. A newly released white paper details Vietnam’s military budget for first time as the country continues to modernize its military. Vietnam is determined to maintain its territorial sovereignty and jurisdiction under international law, as well as to build friendship, solidarity and mutual understanding with neighboring countries, [...]

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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...