pm reforms needed for growth

PM: reforms needed for growth

Hanoi - Comprehensive reforms were needed to achieve this year's target economic growth rate of 5.8 per cent, Prime Minister Nguyen Tan Dung said at a meeting in the capital yesterday.
vietnam moves towards sustainable agriculture

Vietnam moves towards sustainable agriculture

In the age of economic transition, agriculture will continue to be at the forefront of Vietnam’s economic growth. To realise its mission, the sector needs to shift from a quantity to a quality-based growth model. Natalie DiNicola, vice president of Sustainability and Signature Partnerships of the US’ Monsanto told VIR’s Hoang Mai that the Vietnamese government should look towards innovation and partnership in its vision for achieving strong growth and sustainability in the agriculture sector.
public investment needed to boost stalling world growth imf chief

Public investment needed to boost stalling world growth: IMF chief

Governments must increase public investment to help drive the global recovery and help boost "less robust than expected" economic growth, IMF chief Christine Lagarde said on Sunday.
hsbc expects vietnam economy to expand 55pc

HSBC expects Vietnam economy to expand 5.5pc

HSBC has put its economic growth forecast for Vietnam at 5.5 per cent this year and 5.8 per cent next year due to sluggish domestic demand.
bond market spikes on improved cpi

Bond market spikes on improved CPI

According to the Asian Development Bank, Vietnam has the fastest growing bond market in East Asia’s emerging markets during the first quarter of 2014. The growth of the bond market can be credited to Vietnam successfully managing to sustain macroeconomic stability, contain inflation, and maintain economic growth over the past three years.
foreign investors still feel upbeat about doing business in vietnam

Foreign investors still feel upbeat about doing business in Vietnam

European investors have shrugged off tensions over the East Sea and continued to express optimism about Vietnam’s economic growth.

Analysts predict weak GDP growth in 2014

Vietnam is likely to see slow economic growth this year due to its chronic difficulties.
fdi government wish list published

FDI government wish-list published

The Vietnamese government last week released a wish-list comprised of 127 national projects in need of foreign direct investment, mostly focused on infrastructure, to support economic growth through 2020.
adb asian economy to grow 62 in 2014

ADB: Asian economy to grow 6.2% in 2014

Developing Asia will see its steady economic growth at 6.2% in 2014, compared to 6.1% last year, according to the Asian Development Outlook 2014.
economic growth still depends on capital resources

Economic growth still depends on capital, resources

Viet Nam will continue to rely on capital and natural resources in order to achieve an economic growth rate of 5.8 percent in 2014 and 6 - 6.2 percent in the following year, Minister of Planning and Investment Bui Quang Vinh has said.
fdi inflows set to increase next year

FDI inflows set to increase next year

The recovery of foreign direct investment will continue playing a critical role in bolstering Vietnam’s economic growth in 2014.
experts advocate leveraging fdi sector successes for greater domestic growth

Experts advocate leveraging FDI sector successes for greater domestic growth

Senior economist Doan Hong Quang from the World Bank spoke to VIR about what factors had led to such a contrasting year of success between foreign invested and domestic businesses, as well as factors affecting economic growth in 2014.
leveraging fdi to stimulate growth

Leveraging FDI to stimulate growth

The government reported that Vietnam’s average annual economic growth rate for 2014-2015 would likely reach 6 per cent, with gross domestic product (GDP) per capita reaching $2,200-2,300 by 2015.
hanois ips gear up for investment

Hanoi’s IPs gear up for investment

Economic hardships have had a detrimental impact on the business activities of companies in Hanoi. However, many firms based in the capital’s export processing zones (EPZs) and industrial parks (IPs), have managed reasonable growth with upbeat export and revenue figures, helping spur the city’s economic growth and modernisation. Head of the Hanoi Industrial and Export Processing Zones Management Authority Nguyen Xuan Chinh spoke to VIR about the latest developments in Hanoi’s EPZs and IPs.
forum reflects new development era

Forum reflects new development era

On the eve of the Vietnam Development Partnership Forum, a discussion platform for the Vietnamese government and international deelopment partners to communicate about the country’s development policies and donor pledges, Minister of Planning and Investment Bui Quang Vinh told VIR that Vietnam continued working closely with its partners and looking to build new effective partnerships that would boost the country’s sustainable socio-economic growth.