Posts Tagged ‘ Said The Government ’

PM reiterates single-digit inflation target for 2012 

December 30, 2011
PM reiterates single-digit inflation target for 2012 

Prime Minister Nguyen Tan Dung speaks at a meeting in Hanoi Thursday Prime Minister Nguyen Tan Dung said Thursday the government would aim to reduce inflation to 9 percent and target a GDP growth of 6 percent for next year. Vietnam’s consumer price index rose 18.13 percent in 2011, according to data released by the [...]

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PM reiterates single-digit inflation target for 2012 

December 26, 2011
PM reiterates single-digit inflation target for 2012 

Prime Minister Nguyen Tan Dung speaks at a meeting in Hanoi Thursday Prime Minister Nguyen Tan Dung said Thursday the government would aim to reduce inflation to 9 percent and target a GDP growth of 6 percent for next year. Vietnam’s consumer price index rose 18.13 percent in 2011, according to data released by the [...]

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Vietnamese lawmakers discuss cutting preferential treatment for state firms 

November 6, 2011
Vietnamese lawmakers discuss cutting preferential treatment for state firms 

Deputy Mai Thi Anh Tuyet suggests further equitization of state-owned firms, especially those that are making losses National Assembly members and economists are suggesting that Vietnam equitizes large state groups and reduces loan guarantees to state owned firms in an effort to prevent financial resources being squandered on loss making businesses. During the ongoing NA [...]

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Vietnam announces plan to restructure economy 

October 29, 2011
Vietnam announces plan to restructure economy 

  Vietnam’s government announced  key structural reforms for the economy next year on Thursday , focusing on improving state-owned enterprise and the banking sector. Prime Minister Nguyen Tan Dung said the government will speed up share sales at state companies and review their operations. State-owned companies will have to focus only on their main business [...]

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Foreign firms corner Vietnam’s husbandry industry 

September 24, 2011
Foreign firms corner Vietnam’s husbandry industry 

A poultry trader carries chickens on his way to a local market in Ho Chi Minh City. Foreign firms are dominating the local animal feed and livestock breeding market. Foreign businesses hold most of the animal feed and livestock breeding market share and are working together to increase prices, according to local industry advocates. “While [...]

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Vietnam aims to keep inflation rate at 18 pct for the year 

September 3, 2011
Vietnam aims to keep inflation rate at 18 pct for the year 

  The government will continue tightening monetary policies and take other measures to achieve a growth rate of six percent and keep inflation rate at around 18 percent for the year, a senior official told the press Thursday. According to Vu Duc Dam, head  of the Government Office, the country’s gross domestic product (GDP) growth [...]

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Gasoline prices a one-way street for local consumers 

July 17, 2011
Gasoline prices a one-way street for local consumers 

  Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]

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Local firms feel the heat of rising input costs 

March 17, 2011
Local firms feel the heat of rising input costs 

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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Mubarak cabinet meets as ‘Nile Revolution’ digs in 

February 7, 2011
Mubarak cabinet meets as ‘Nile Revolution’ digs in 

Anti-Mubarak protesters shout slogans to show their support for the anti-Mubarak demonstrations in Egypt, in front of the Egyptian embassy in Madrid February 6, 2011. President Hosni Mubarak’s new cabinet on Monday held its first full meeting since an uprising started nearly two weeks ago, with no concrete progress in talks with Islamists and an [...]

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POLITICS IN BRIEF 5/2

February 5, 2010
POLITICS IN BRIEF 5/2

Defence Minister pays pre-Tet visit to General Giap; Vietnam’s achievements highlighted at UN forum; Spring Newspaper Festival opens in Hanoi; Czech investment encouraged in Vietnam  The country to celebrate General Vo Nguyen Giap’s 100th birthday this year. Defence Minister pays pre-Tet visit to General Giap Defence Minister General Phung Quang Thanh on February 4 visited and [...]

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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...