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Update news Economy
The “Meet Ambassadors from the Middle East and Africa 2019” will take place in Hanoi on September 9-10.Economic cooperation will be high on the agenda of the event.
Vietnam`s economy kept growing track in the first half this year with maintained GDP growth rate and stable CPI.
Hanoi expects to meet housing targets for 2020 required in the context of high urbanization rate.
HCM City faces challenges in meeting the Ministry of Education and Training’s regulation on the maximum number of students in classrooms as enrolment continues to increase.
An oil-on-canvas painting featuring a nude woman by master painter Lê Phổ (1907-2001) was sold at nearly US$ 1.4 million (HK$10,925,000) at an auction sale at Christie’s Hong Kong on May 26.
The economic fallout from Hurricane Harvey will make the Federal Reserve’s job more difficult when it meets in three weeks, but U.S. central bankers have looked past major storms before with little change in monetary policy
VietNamNet Bridge - International institutions agree that Vietnam’s economy is recovering strongly while seeing a bright outlook for its continued growth.
As delegates gather in London for a conference on Afghanistan, the prospects for reducing the reliance on foreign aid are increasingly focused on two sectors of the economy: agriculture and hydrocarbons.
VietNamNet Bridge – Viet Nam continued seeing signs of economic recovery with a Gross Domestic Product growth in the first half of this year reaching 5.18 % despite a number of difficulties and challenges.
VietNamNet Bridge – Vietnam achieved GDP growth of 5.25% in the second quarter of this year, bringing the six-month rate to 5.18%, according to the General Statistics Office (GSO).
Territorial disputes in any degree will also affect the economy, so Vietnam will have appropriate response measures, says the Chair of the National Assembly’s Finance-Budget Committee, Mr. Phung Quoc Hien, in an interview with VnExpress.
VietNamNet Bridge – Economists have raised the alarm over the increasing public debt and the domestic production stagnation because of the weak demand.
VietNamNet Bridge – With cautiousness--in the lives of investors, they dare not expect brisk trade and do not intend to pour big money into investment deals in 2014, the Year of Horse.
VietNamNet Bridge – Experts have voiced concerns over the health of enterprises, saying the ever-increasing number of business shutdowns cast a gloomy outlook on the economy.
VietNamNet Bridge – Local authorities all reportedly have big public debts due to the overly high spending. However, the figures about the debts are not counted on when calculating the national public debt.
VietNamNet Bridge – Vietnam vows to reduce the foreign currency deposit ratio to 15 percent by 2015 and stop the dollarization by 2020
VietNamNet Bridge - Up to two-thirds of 450,000 local enterprises have reported losses in business this year, said Deputy Minister of Finance Do Hoang Anh Tuan at a conference in Hanoi on Wednesday.
Vinaconex sells debts in Cam Pha Cement; SBV outlines scheme to stabilise forex, gold rates; Nokia and FPT ink agreement; HCM City economy runs into difficulties; New Zealand to export potatoes to Vietnam
CPI rises less than expected; Supermarket offers big discounts; Malaysia to build thermal power plant in Vietnam; Vietnam to accelerate FTA negotiations with EFTA; Digital signatures will be used for e-customs
VietNamNet Bridge – While the Government is fairly upbeat on the country’s economic outlook, the National Assembly casts a somber view on the lingering woes.