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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January 23, 2010
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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August 27, 2009
New border bridge brings in waves of investors; BNP Paribas up stake in local bank; Trade exhibitions promote leather, shoes and building; New border bridge brings in waves of investors Even though the inauguration of Kim Thanh bridge, scheduled for Sept. 2, is still days away, as many as 50 investors have already registered to [...]
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July 22, 2009
The State Bank of Vietnam has announced the bad debt ratio of the banking system at 2.52 percent of total outstanding loans, an increase of 0.35 percent over the end of 2008. Should this be worrying? According to Le Xuan Nghia, Deputy Chairman of the National Committee for Finance Supervision, the announced bad debt ratio, [...]
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July 20, 2009
Banking experts have said that the central bank should not set credit growth rate limits for every commercial bank, while it should set up a technical barrier to curb credit growth. Some joint-stock banks have announced they fulfilled 80 percent of their yearly credit growth plans in the first six months of the year. DongA [...]
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May 15, 2009
Experts have said that they can see signs of the imminent return of high inflation. The strong flow of cash into the stock market has raised a question: Where is the money coming from?Nguyen Duc Thanh, an economist, said that signs of the return of high inflation have appeared. A high credit growth rate, the [...]
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