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 6, 2009
HSBC Holdings Plc raised its 2010 economic growth forecast for Asia excluding Japan to 7.6 percent from 6.9 percent, led by faster expansions in China, South Korea and Singapore. âGrowth has roared back in Asia, with domestic demand firing on all cylinders and exports accelerating too,â the bank wrote in a report published Tuesday.China will [...]
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June 19, 2009
The World Bank raised its growth forecast for China this year and advised policy makers to delay until 2010 any additional stimulus plan to boost the worldâs third-largest economy. Chinaâs economy will expand 7.2 percent in 2009 from a year earlier, up from a 6.5 percent forecast in March, the Washington-based lender said in a [...]
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March 31, 2009
Vietnam may lower its 2009 economic growth forecast to 5 percent after posting its weakest first-quarter expansion in a decade, a report quoted the prime minister as saying Monday. The government may have to ask the National Assembly to reduce the target by 1.5 percentage points from the existing 6.5 percent for this year, VnExpress [...]
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