November 5, 2011
Vietnam’s public debt will probably be higher than estimated, as the Ministry of Finance has missed including in its calculations several kinds of debt related to the government, lawmakers said at the National Assembly’s meeting on Friday. According to the National Assembly’s Finance and Budget Committee, their review showed that the country’s public debt will [...]
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July 3, 2011
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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June 13, 2011
Ana Mandara, a foreign-invested resort in Hue Vietnam’s service sector has emerged as the largest sector in the economy and the biggest contributor to the overall growth rate, the World Bank says in a new report released last week. “This trend is being facilitated by two factors: a slowdown in the growth of industrial and [...]
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May 6, 2011
Prime Minister Nguyen Tan Dung talks at the meeting of the Asian Development Bank in Hanoi Thursday Despite its economic achievements, Vietnam is still poor and hopes to receive more international support, said Prime Minister Nguyen Tan Dung at the Asian Development Bank’s (ADB) meeting in Hanoi Thursday. Â At the opening session of the [...]
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February 6, 2010
LookAtVietnam – The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. LookAtVietnam – The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. The sector aims to earn US$50 billion [...]
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February 2, 2010
LookAtVietnam – Leaders of Tien Giang Province committed to create the most favorable conditions for investors to do business in the province. President Nguyen Minh Triet speaks at the conferencePresident Nguyen Minh Triet, who attended the conference, pointed out big opportunities to attract investment that Tien Giang needs to grab. The commercial hub of HCM [...]
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February 1, 2010
Overall merger and acquisition values and volumes appear to have returned to a growth path in 2009’s fourth quarter giving grounds for optimism for 2010, writes an advisory partner at PricewaterhouseCoopers Vietnam. Major Vietnamese conglomerates are growingly removing smaller rivals through M&A deals.LookAtVietnam – A slow start, but a strong finish to the year. Overall [...]
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January 25, 2010
LookAtVietnam – Commercial banks, which have been warned about difficulties in 2010, do not want to set overly high profit targets for 2010. The Government has sent a clear message that the credit growth rate in 2010 must not exceed 25 percent – a rate that is much lower than the 38-39 percent in 2009. [...]
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January 22, 2010
LookAtVietnam – To curb inflation and ensure high economic growth, Vietnam may be forced to accept changes in monetary and fiscal policies in 2010. Deputy Chairman of the National Finance Supervision Committee Ha Huy TuanVnExpress: The business community has paid special attention to a recent HSBC report predicting that Vietnam’s consumer price index would be [...]
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January 21, 2010
Vietnam seeks WIPO assistance; French Ambassador honoured for educational contributions; Dominican party names office after Ho Chi Minh; Vietnam, Algeria promote friendship, cooperation Vietnam seeks WIPO assistance Vietnam hopes to receive more assistance from the World Intellectual Property Organisation (WIPO), especially to finalise its legal system on intellectual property (IP) and train IP officials.State President [...]
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