November 24, 2011
The supercommittee's failure will trigger automatic cuts in the defence budget and domestic spending. Photograph: J Scott Applewhite/AP It took a fictional jury of “12 Angry Men” 96 minutes to agree on a verdict of not guilty. It took “12 good people,” as supercommittee co-chairman Jeb Hensarling referred to them, three months and countless hours [...]
Tags: 10 Years, blame, Budget, Caroline Baum, committee, Congress, deficit, Deficit Reduction, Democrats, If Lawmakers, Ldquo, Ldquo 12, Ldquo Go, Norquist, Obama, Of The Same, pledge, President, Rdquo, reduction, Republicans, something, spending, Supercommittee, Tax Break For, Tax Code, Tax Expenditures, The Debt, The Deficit, The Democrats, The Elimination, The president, The Rich, The Supercommittee, The tax, The Tax Code, They Wouldn, trillion, Wouldn
Posted in Life in Vietnam | Comments Off
July 22, 2011
Vietnam recorded a trade deficit of $200 million or less for the second straight month, after the government devalued the nation’s currency in February by the most since at least 1993 to help reduce the gap. The trade deficit was $200 million in July, up from a revised shortfall of $160 million in June, [...]
Tags: 200 Million, 46 Billion, According, Added, billion, Billion Vietnam, deficit, For The Seven, For The Seven Months, Foreign, Foreign Exchange, Foreign Reserves, Goldman sachs, Hanoi, Has Added, imports, In July From, Its Foreign, Its Foreign Reserves, Ldquo, Low Rdquo, million, months, Months Through July, Months Through July They, Of Vietnam Has, Of Vietnam Has Added, percent, Rdquo, reserves, revised, Seven, Seven Months, Seven Months Through, Seven Months Through July, State bank, The Deficit, The Dong, The government, The Seven, The Seven Months, The Seven Months Through, The state, The state bank, The Trade, The Trade Deficit, Through July, Through July They, To Its Foreign, To Its Foreign Reserves, trade, Trade deficit, Vietnam, Vietnam Has Added, VN-Index
Posted in Business | Comments Off
July 7, 2011
Vietnam is aiming for a budget deficit of less than 5 percent of GDP Vietnam’s fiscal deficit in the first six months hit around VND27.78 trillion, equal to just 23 percent of the annual projection, VnExpress reported Monday, citing the Ministry of Finance. The ministry said the deficit was “quite low.” In the remaining months, [...]
Tags: Budget, Budget deficit, deficit, First Six, First Six Months, fiscal, Fiscal Deficit, ministry, months, Of Less Than, Of The Annual, percent, Six Months, The Annual, The Deficit, The first, The First Six, The First Six Months, The ministry, trillion, Vietnam
Posted in Business | Comments Off
May 27, 2011
Vietnam’s trade deficit widened in May from the previous month, adding pressure to curb the gap as the nation tries to rebuild its foreign-exchange reserves. The shortfall was $1.7 billion, compared with a revised $1.49 billion in April, based on preliminary figures released by the General Statistics Office in Hanoi Wednesday. The deficit was [...]
Tags: Adding Pressure, April, billion, Bloomberg, Curb The Gap, deficit, Deficit Widened, economic, Economic growth, Five Months, Five Months Through, Five Months Through May, For The Five, For The Five Months, Foreign, Government, growth, In May From, Ldquo, May They Rose, months, Months Through May, Months Through May They, percent, Rdquo, reserves, revised, The Deficit, The Dong, The Five, The Five Months, The Five Months Through, The Gap, The government, They Rose, Through May They, Through May They Rose, trade, Trade deficit, Trade Deficit Widened, Vietnam
Posted in Business | Comments Off
March 27, 2011
The deficit is forecast at $3.03 billion in the January-March period against US$3.43 billion Vietnam’s trade deficit eased slightly in the first three months of 2011, official estimates showed Friday, in a boost for the government as it battles to stabilize its economy. The deficit is forecast at US$3.03 billion in the January-March period, against [...]
Tags: 03 Billion, 43 Billion, billion, deficit, first, First quarter, In The January, In The January March, January March, January March Period, January March Period Against, Last year, March Period, March Period Against, percent, quarter, The Deficit, The first, The government, The January, The January March, The January March Period, The Trade, trade, Trade deficit, Vietnam
Posted in Business | Comments Off
December 10, 2009
The health insurance fund continues to suffer a deficit of nearly 2 trillion dong (around $117.6 million) in 2009 with overspending 15 percent, higher previous deficits in 2007 and 2008. Patients using health insurance cards at the Bach Mai Hospital in Hanoi. Explaining the deficit for 2009, Nguyen Minh Thao, a senior official from the Vietnam [...]
Tags: agency, deficit, health, Health Insurance, Health Insurance Cards, Health Insurance Fund, insurance, Insurance Agency, Insurance Cards, Insurance fund, people, percent, Social, Social Insurance, Social Insurance Agency, The Deficit, The vietnam, The Vietnam Social, The Vietnam Social Insurance, Vietnam, Vietnam Social, Vietnam Social Insurance, Vietnam Social Insurance Agency
Posted in Uncategorized | Comments Off
November 6, 2009
Vietnamâs legislators have set an economic growth target of 6.5 percent for next year, asking the government to reform the economy for sustainable growth. In a resolution passed Friday morning, the National Assembly said the countryâs main economic goal next year was to expand at a faster pace and in a more stable manner than [...]
Tags: assembly, Budget deficit, deficit, economic, expected, Gdp Growth, Government, growth, Last month, Lawmakers, National assembly, Next Year, percent, resolution, Said Last, Said Last Month, target, The Assembly, The Deficit, The government, The national, The National Assembly, The Resolution, This year, Vietnam
Posted in News, Politics | Comments Off
October 18, 2009
The U.S. federal deficit of the 2009 fiscal year reached a record high of 1.42 trillion U.S. dollars, the Treasury Department announced Friday. The U.S. government imbalance for the fiscal year ending Sept. 30, 2009, more than tripled last year’s record. As a portion of the economy, the deficit accounted about 10 percent, the highest [...]
Tags: administration, deficit, dollars, Earlier This Year, economy, federal, Federal Deficit, Financial System, fiscal, Fiscal Year, Geithner, Government, Obama, Obama administration, percent, President, spending, The Debt, The Deficit, The economy, The financial, The Financial System, The government, The obama, The obama administration, The president, This year, trillion, Trillion Dollars
Posted in International, News | Comments Off
July 2, 2009
In the context of a growing trade deficit, Associate Professor Dr. Tran Hoang Ngan talked about the outlook for the value of Vietnam’s currency, the dong, against foreign currencies. Associate Professor Dr. Tran Hoang NganNgan said recent data showing an increasing trade deficit has raised expectations that the dong will lose value against foreign currencies. [...]
Tags: 10-percent, 2009 Trade, 2009 Trade Deficit, billion, Businesses, ceiling:, currencies, currency, deficit, dollars, exchange, Exchange rate, exports, first, First Six, First Six Months, Foreign, Foreign Currencies, Foreign Currency, Free Market, Higher Than The, Higher Than The Official, import, In The First, In The First Half, In The First Six, Interest rate, Ldquo, Lending Interest, Lending Interest Rate, Lose Value, Lose Value Against, market, Monetary Policy, Of Foreign Currencies, official, Official Ceiling, On The Free, On The Free Market, percent, policy, products, professor, Professor Ngan, Purchasing Foreign, Purchasing Foreign Currencies, result, Six Months, state, State bank, Than The Official, Than The Official Ceiling, The Deficit, The Dong, The enterprises, The exchange, The Exchange Rate, The first, The First Half, The First Six, The First Six Months, The Free, The Free Market, The Official, The Official Ceiling, The Result, The state, The state bank, The Trade, The Trade Deficit, think, trade, Trade deficit, Trade Deficit Was, Vietnam
Posted in Business, News | Comments Off
May 22, 2009
A view of the construction on the East-West National Highway in Ho Chi Minh City. Lawmakers on Thursday expressed concern over the governmentâs proposal to expand the budget deficit to a maximum of 8 percent of the gross domestic product (GDP) for 2009, saying it was too high and could hike inflation. Delegate Pham Thi [...]
Tags: 10-percent, Administrative Procedures, And medium sized, Budget, Budget deficit, committee, compensation, Compensation Bill, deficit, Delegate, Delegate Nguyen, economic, economy, firms, From The Earlier, Government, growth, Growth Target, Have Not Been, illegal, increase, limit, medium, Medium sized, Na Representative, Na Representative Nguyen, National, Nguyen, Of The State, Overspending, Package Delegate, percent, Percent From The, Percent From The Earlier, procedures, Proposal, quarter, reduce, Reduce Overspending, Regarding The Government, representative, Representative Nguyen, Said The Government, Saying, small, Small And Medium, Small And Medium Sized, state, State Compensation, State Compensation Bill, Stimulus package, Stimulus Package Delegate, target, The Bill, The Budget, The Budget Deficit, The Deficit, The Earlier, The economic, The economy, The government, The Government Should, The Na, The state, The Target, This year, To Access The
Posted in News, Politics | Comments Off
