January 3, 2012
A street vendor walks past a Chanel SA store inside the Rex Hotel in downtown Ho Chi Minh City, Vietnam, on Tuesday, Dec. 27, 2011. Vietnam’s growth held near 6 percent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. [...]
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December 31, 2009
Vietnamâs economy expanded at the fastest pace in more than a year in the fourth quarter as lending growth fueled construction and consumer sales. Gross domestic product grew 6.9 percent from a year earlier after a revised 6.04 percent gain in the third quarter, the General Statistics Office said in Hanoi Thursday. For 2009 overall, [...]
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December 21, 2009
Vietnamâs external position is âfairly healthy,â in spite of market concerns about the countryâs trade deficit, Barclays Plc said. Vietnamâs economy has âall the hallmarksâ of an emerging markets crisis, with growth poised to overheat as inflation quickens and foreign-exchange reserves fall, Nomura Holdings Inc. said this month. A decline in the reserves to less [...]
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October 27, 2009
HSBC Holdings Plc warns that Vietnam’s trade gap is moving âsharply higher again,â driven by rising credit and economic growth. Vietnamâs monthly trade deficit widened to US$1.9 billion in October, as the nationâs imports decline eased amid accelerating economic growth. Exports this month are estimated at $4.75 billion, while imports are seen at $6.65 billion, [...]
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October 23, 2009
Vendors sit behind their vegetable stalls at a Hanoi market Vietnamese inflation accelerated for a second month, driven by higher food prices amid faster economic expansion. Prices climbed 2.99 percent in October from a year earlier after gaining 2.42 percent in September, the General Statistics Office said in Hanoi Friday. On a monthly basis, prices [...]
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July 25, 2009
A street vendor walks past shops selling different marriage offerings in downtown Hanoi. Inflation eased this month to a five-year low of 3.31 percent. Vietnamâs inflation eased in the first seven months of the year, with consumer prices rising 9.25 percent compared to the same period last year, official data showed Friday. For July alone, [...]
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June 18, 2009
Local products are displayed at the Vietnam International Furniture and Home Accessories Fair 2009 in Ho Chi Minh City in March Vietnam was the only one of the top 30 exporters to the US to increase shipments to the worldâs largest economy during the first four months of the year, benefiting from clothing and footwear [...]
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May 26, 2009
Workers at a factory of Ho Chi Minh City-based Thanh Cong Textile Garment Joint Stock Company. Vietnamâs trade balance swung into deficit through the first five months of the year, as lower commodity prices cut into export receipts and the pace of import contraction eased. The trade shortfall was US$1.13 billion through May, compared with [...]
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