Posts Tagged ‘ Per Cent And ’

Global recovery gets in behind local exports

February 6, 2010
Global recovery gets in behind local exports

LookAtVietnam – January saw positive signs for Vietnam’s foreign trade activities thanks to the progressive recovery of world prices and demand.  According to the Ministry of Industry and Trade (MoIT), Vietnam’s exports in January enjoyed strong growth rates from the post-crisis period, reaching $4.9 billion, up 28.1 per cent compared to the corresponding period last [...]

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Viet Nam’s small businesses confident about growth: survey

February 5, 2010
Viet Nam’s small businesses confident about growth: survey

Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]

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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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BUSINESS IN BRIEF 11/1

January 10, 2010
BUSINESS IN BRIEF 11/1

Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]

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HCM City targets 10% growth

December 30, 2009
HCM City targets 10% growth

LookAtVietnam – HCM City aims to achieve a Gross Domestic Product growth rate of at least 10 per cent next year. HCM City is still the country’s biggest economic and service hub. The city aims to achieve a Gross Domestic Product growth rate of at least 10 per cent next year.The target is one of [...]

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Banks urged to boost economic stability

December 24, 2009
Banks urged to boost economic stability

Prime Minister Nguyen Tan Dung yesterday issued a year-end message directing the banking system to work to strengthen economic stability, . . . Customers carry out transactions at an HSBC branch. Prime Minister Nguyen Tan Dung has called on banks, including the State Bank of Viet Nam, to help the country boost its economic growth [...]

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HCM City targets 8% annual growth

December 7, 2009
HCM City targets 8% annual growth

LookAtVietnam – HCM City was set to achieve a gross domestic product (GDP) growth rate of between 7.5 and 8 per cent by the end of the year. The HCM City-Trung Luong Highway project will open to traffic by the end of this year. The city expects to achieve 8 per cent growth by year’s [...]

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Turning negatives into positives

October 31, 2009
Turning negatives into positives

LookAtVietnam – Vietnam has fortified its economy in 2009 through effective economic stimulus measures and is looking at some ambitious socio-economic targets for 2010. Many enterprises have prospered during the global economic downturn, while many regional competitors have struggledMany enterprises have prospered during the global economic downturn, while many regional competitors have struggled This year [...]

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Firms more upbeat on trade prospects

October 2, 2009
Firms more upbeat on trade prospects

LookAtVietnam – Vietnamese businesses have more confidence in improved business prospects in the coming months than their peers in many other countries, A majority of respondents in the country (65 per cent) – the highest proportion from the countries surveyed – expect their trade volumes to increase in the next three months, according to the [...]

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Industry begins to rebound from falling Q1 with 7.5% July growth

July 29, 2009
Industry begins to rebound from falling Q1 with 7.5% July growth

LookAtVietnam – The country’s industrial production increased 5.1 per cent during the first seven months of the year over the same period last year, reaching VND382.7 trillion (US$21.5 billion), the General Statistics Office reported. In the first seven months, private firms were reported to have had the highest growth rate of 7.4%, contributing 35.6% to [...]

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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...