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Update news vn economy
Vietnam is in the sights of many foreign manufacturers keen to move production away from China as US tariffs begin to rise.
Vietnam is working towards creating one million private businesses next year. In order to reach this goal, the government will place a major focus on removing current obstructions undermining their competitiveness.
VietNamNet Bridge – A brighter outlook is forecast for the Vietnamese economy this year and the following years amid difficulties and challenges, according to economic expert Nguyen Quynh Nga.
The Trans-Pacific Partnership agreement will provide economic impetus predominantly to Vietnam, Japan and Malaysia among other parties to the deal by 2030, according to a Global Economic Prospects by the World Bank Group.
VietNamNet Bridge – Prime Minister Nguyen Tan Dung yesterday said he does not expect recent turmoil in global markets to trigger a change in the government's macro economic targets.
VietNamNet Bridge – Business confidence, outlook and expectations for the future among European businesses in Viet Nam have climbed moderately from the previous quarter, the quarterly EuroCham Business Climate Index survey
DLG, API, SDE, HPG announce shareholder transactions; VN economy sees positive prospects; Foreign bank fined for slow disclosure; Record 37 stocks delisted in 2013; SBV banks on steady dollar exchange ratio
VietNamNet Bridge – The prevalence of US dollars in the Vietnamese economy had decreased significantly since the end of 2011 and the exchange rates had been stabilised, according to a State Bank of Viet Nam statement.
VietNamNet Bridge – Viet Nam needs to implement strategic breakthroughs and macro solutions to improve the economy, which is currently mired in depression,