November 9, 2011
Vietnamese lawmakers backed a plan that aims for annual economic growth of as much as 7 percent through 2015 and seeks to quell Asia’s highest inflation. The National Assembly approved an objective of 6.5 percent to 7 percent annual economic expansion from 2011 to 2015 and a goal of reducing inflation to 5 percent [...]
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July 29, 2011
A Spanish flag flutters over the Bank of Spain in Madrid March 10, 2011. Rating agency Moody’s put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe’s debt crisis. Moody’s move to place the Aa2 government bond rating [...]
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March 17, 2011
A worker at a plastic product factory in Ho Chi Minh City Local firms struggling to manage soaring input costs and high interest rates will find government support critical for getting through tough times, experts say. However, some of them are worried about the lack of resilience shown by some enterprises which they say does [...]
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December 3, 2009
Vietnamâs government has told international organizations that it has shifted its economic focus toward stability, saying it will tighten its monetary policy and work to improve the balance of payments. Vietnam will âtransfer from a loose monetary policy to a cautious, flexible policy, to ensure a reasonable credit growth rate, thus supporting the targets of [...]
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October 31, 2009
VinaCapital is holding its 2009 Investor Conference just as the Vietnamese economy is starting to heat up again. However, foreign investors have not yet returned to Vietnam after the 2008 crisis. VinaCapital Group’s chairman Horst F. Geicke discusses with VIR the opportunities foreign investors should be looking for in 2010 and beyond.Foreign direct investment registration [...]
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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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October 1, 2009
Vietnamâs gross domestic product grew 4.56 percent in the first nine months this year Vietnamâs economy needs to expand by more than 6.8 percent in the fourth quarter to realize the annual growth target of more than five percent, Prime Minister Nguyen Tan Dung said in a statement Thursday. To achieve the yearâs target, all [...]
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September 28, 2009
Vietnamâs gross domestic product growth in the first nine months of 2009 was led by the service sector Vietnamâs gross domestic product grew 4.59 percent in the first nine months of the year, up from 3.9 percent in the first half, the Ministry of Planning and Investment said Monday. The growth was led by the [...]
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August 14, 2009
The National Assembly Standing Committee spent yesterday morning (August 13) discussing a report on the management of State economic groups In 2008, these economic entities made up nearly 40% of the country’s gross domestic product, generated 39.5% of the value of industrial products, over 50% of the export turnover and 28.8% of the gross national [...]
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July 4, 2009
The change of fortunes is evident in the construction industry.LookAtVietnam – Vietnam might have seen the bottom of the economic downturn, as second quarter gross domestic product growth illustrated the green shoots of a recovery.The Ministry of Planning and Investment (MPI) last week announced the estimated gross domestic product (GDP) over the past three months [...]
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Vietnam says to move away from loose monetary policy
Vietnamâs government has told international organizations that it has shifted its economic focus toward stability, saying it will tighten its monetary policy and work to improve the balance of payments. Vietnam will âtransfer from a loose monetary policy to a cautious, flexible policy, to ensure a reasonable credit growth rate, thus supporting the targets of [...]
Tags: An Interest Rate, An Interest Rate Subsidy, balance, By The Central, By The Central Bank, By The World, By The World Bank, Central bank, control, credit, Credit Growth, Domestic Product, economy, exchange, first, For Short Term, For Short Term Loans, Foreign, Foreign Exchange, Government, Gross Domestic, Gross Domestic Product, growth, High Inflation, highest, In Remarks Prepared, In Remarks Prepared For, inflation, interest, Interest rate, Interest rate subsidy, Interest Rate Subsidy Program, International, International Organizations, Last week, loans, Loose Monetary, Loose Monetary Policy, Macroeconomic, Macroeconomic Stability, Meeting, monetary, Monetary Policy, Next Year, November, Of High Inflation, percent, policy, program, Program For Short, Program For Short Term, Rate subsidy, Rate Subsidy Program, Rate Subsidy Program For, reduce, Remarks Prepared, Remarks Prepared For, Report Released, Report:, short, Short Term Loans, short-term, stability, subsidy, Subsidy program, Subsidy Program For, Subsidy Program For Short, Term Loans, The Balance, The central, The central bank, The Comments, The economy, The first, The government, The highest, The Highest Since, The Imf, The international, The meeting, The subsidy, The Subsidy Program, The world, The World Bank, This Week, Thursday, Vietnam, Vietnamese, world, World Bank
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