November 5, 2011
Vietnam’s public debt will probably be higher than estimated, as the Ministry of Finance has missed including in its calculations several kinds of debt related to the government, lawmakers said at the National Assembly’s meeting on Friday. According to the National Assembly’s Finance and Budget Committee, their review showed that the country’s public debt will [...]
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July 9, 2011
Rice exports from Vietnam, the world’s second-largest shipper after Thailand, will rise to a record seven million tons this year as higher prices set by Thailand’s new government are pushing buyers toward Vietnam, officials say. Thailand’s Puea Thai (For Thais) Party, which won a landslide election victory on July 3, campaigned on a promise [...]
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January 15, 2011
A Vietnamese paratrooper Regiment C16 at a practice session on September 17, 2010. Regional defense experts argue that Vietnam’s recent weapons upgrades do not demonstrate participation in a regional arms race. Last year, Vietnam acquired new frigates, multi-role jet fighters, Kilo-class submarines and anti-shipping missiles. Foreign experts argue that the move is purely defensive. “Vietnam [...]
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December 28, 2009
Foreign banks expand presence in Vietnam; Agro-forestry-fisheries exports drop 7 percent in value; Vietnam Entrepreneurs Association in Belgium & Luxembourg debuts Many foreign banks have joined up with local partners to expand their presence in Vietnam’s market in addition to opening more branches and introducing new products.ANZ Vietnam has linked up with the Vietnam Post [...]
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November 20, 2009
One of the largest events in the year in the field of information technology, telecommunications and communications, was opened in Hanoi on November 19. 3G logos are hung everywhere at the exhibition. The Vietnam International Communications Expo 2009 / International Exhibition on Electronics Products (Vietnam Comm & Vietnam Electronics 2009) will celebrate the sector and exhibit up [...]
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October 29, 2009
Vietnamâs external position appears to be unsustainable, and the country will probably have to push up interest rates and further weaken its currency as a result, Australia & New Zealand Banking Group Ltd. said. The countryâs monthly trade deficit widened to US$1.9 billion in October from $1.8 billion in September, according to the General Statistics [...]
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October 1, 2009
Vietnamâs gross domestic product grew 4.56 percent in the first nine months this year Vietnamâs economy needs to expand by more than 6.8 percent in the fourth quarter to realize the annual growth target of more than five percent, Prime Minister Nguyen Tan Dung said in a statement Thursday. To achieve the yearâs target, all [...]
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September 30, 2009
LookAtVietnam – The VND/US$ exchange rate hit record highs in September 2009 a fact welcomed by Vietnamese exporters as the weak dong boosts faltering exports. To date, exports have seen a decrease in most months this year resulting in the Ministry of Industry and Trade saying that in order to hit the three percent export [...]
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August 2, 2009
Domestic coffee price up by VND300-400 per kilo; PM gives nod to int’l border-gate city in Quang Ninh; Vietnam, Indonesia discuss sea, fishing cooperation; Programme helps raise garment industry’s competitiveness; Plan to develop rubber plantations until 2015 Domestic coffee price up by VND300-400 per kilo The domestic price of coffee on July 31 rose by [...]
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July 31, 2009
Vietnamese economists, reports Tuoi Tre, insist that inflation is not a worry for now, and that emphasis should be on sustaining economic growth and avoiding distortions. Three times this year, Vietnam’s state bank has changed its target for credit growth. It started 2009 aiming for 21-23 percent expansion of credit, raised the target to 30 [...]
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