January 28, 2010
Foreign tourists to Vietnam up 20 percent in January; Vietnam Airlines opens first European rep. office; Vietnam to grow by 6.5 pct: EuroCham director Phu Quoc islandThe number of overseas arrivals to Vietnam in January reached about 416,000, an increase of 20.4 percent over the same period last year and 10 percent compared with December, [...]
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January 3, 2010
Two workers at a bridge construction site in Ho Chi Minh City. Bouncing off an emerging global recovery, Vietnam expects positive economic changes in 2010, specifically export and foreign direct investment (FDI) growth. Policy makers, however, are still weary of the many challenges the developing country faces, not the least of which is the threat [...]
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December 2, 2009
LookAtVietnam – The Ministry of Finance has released a report with a forecast for the world’s economy in 2010 and possible problems Vietnam may face. Prices up, interest rates up The report said that in 2010, the world’s economy will continue upward. The International Monetary Fund (IMF) has predicted a 3.1 percent growth rate of the [...]
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October 15, 2009
The industry and trade sector has recovered with an average monthly increase of 10 per cent since July as a result of the Government’s economic stimulus packages. Workers at the Viet Nam Garment Group’s Phong Phu Company. Sales of garments and textiles have risen 18 per cent in the last nine months.They said the sector [...]
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September 15, 2009
Move to curb cement projects; ADB approves 500 mln USD fiscal support loan to Vietnam; Fertilizer plant help reduce imports The Vietnam Cement Association (VCA) has made a recommendation to the Government to curb further licensing for cement production projects, according to the association’s chairman Nguyen Van Thien. “The association also made a suggestion for [...]
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September 1, 2009
LookAtVietnam – A Finance Ministry official says there will not be an end-year inflationary spike and the total price run-up will be under 7%. Vu Dinh Anh, the deputy director of the Market and Price Research Institute, a unit of the Finance MinistryThe on-line newspaper VNExpress talked with Vu Dinh Anh, the deputy director of [...]
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August 31, 2009
LookAtVietnam – The following are extracts from the speech delivered by Governor of the State Bank of Vietnam Nguyen Van Giau on the role of the monetary policy in the post-recession period. Governor of the State Bank of Vietnam Nguyen Van GiauAs the global economy has fallen into recession, a lot of countries in the [...]
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August 9, 2009
Hanoi’s industrial production recovers; ODA disbursement reaches US$1.5 bil in seven months; North to have one more international airport; Hanoi to export key products; Vietnam to join in GMS human resources development project; Vietnam to sell 700,000 tons of rice to Philippines: official; Vietnam’s labour market shows signs of recovery Hanoi’s industrial production recovers Many [...]
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August 8, 2009
Many businesses in Hanoi have ridden out the economic slowdown and shown signs of recovery thanks to their all-out efforts and the government’s economic stimulus packages. Despite the gloomy picture of the world economy, the city’s industrial production value over the past 7 months has increased by 5.1 percent year on year to hit nearly [...]
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August 7, 2009
VietNamNet Bridge – The total profit of the 302 companies which have announced business results reflects an increase of 77 percent over last year, according to StoxPlus Financial Communications. Shipping agents and seafood companies are among the unprofitable businesses. These two groups of companies are the clearest victims of the global financial crisis, as global [...]
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