January 9, 2012
 Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the Asian Development Bank forecasts a difficult year ahead for Vietnam. However, it [...]
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November 15, 2011
 Several economists are saying the government should not commit itself to any gross domestic product target, adding economic growth cannot be a forced process. Vietnam should just follow other countries and release regular economic forecasts instead, they suggest. Vu Quang Viet, who has worked with the United Nations Statistical Division, said GDP growth [...]
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November 6, 2011
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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October 11, 2011
A boy swims across the Rao Stream in Trong Hoa Commune in the north-central province of Quang Binh. The photos and clips of children from a mountainous commune in the northern province of Quang Binh swimming across a stream with a swift and strong current to get to school grabbed nationwide attention. The story evoked [...]
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Posted in Life in Vietnam | Comments Off
September 24, 2011
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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July 30, 2011
Farmers harvest dragon fruit for export in the central province of Binh Thuan. The US decided to import more varieties of Vietnamese fruit, creating further opportunities for the nation’s fruit industry. The market often pays high prices for imported fruit, but maintains strict quality standards. At the moment, it requires imported fruit to meet VietGap [...]
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June 1, 2011
Women work at a plastic factory, which makes plastic parts for electronic production, in Que Vo District, outside Hanoi. Constrexim’s main products are interior furnishings like wardrobes, chairs and tables, but the company no longer finds it worthwhile to make them. It has shifted to making semi-finished products, mainly wooden planks, that are sold to [...]
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May 14, 2011
Family members accompany a man, who was injured by a suicide bomb blast in Charsadda, as he is treated at Lady Reading hospital in Peshawar May 13, 2011. Pakistan’s parliament condemned on Saturday the US raid to find and kill Osama bin Laden, calling for a review of US ties and warning that Pakistan could [...]
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Posted in International | Comments Off
March 17, 2011
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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March 9, 2011
A shop assistant buys gold and jewelry from a customer at a gold shop in downtown Ho Chi Minh City. Vietnam plans to eliminate gold bullion trading in the unofficial market. The State Bank of Vietnam is planning to eliminate gold bullion trading in the unofficial market in a move to reduce speculation, reduce inflation, [...]
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