foreign organisations still casting doutbs over economic prospect

Foreign organisations still casting doutbs over economic prospect

A range of international organisations have reported weak business sentiment in Vietnam, stifling the country’s economic growth.
economic growth at 514 percent in first nine months

Economic growth at 5.14 percent in first nine months

The Ministry of Planning and Investment on September 24 announced that economic growth in the first nine months of this year was estimated at 5.14 percent.
xuan son national park becoming tourist hotspot

Xuan Son National Park becoming tourist hotspot

Xuan Son National Park in Tan Son District of the northern midland province of Phu Tho, which boasts diverse ecosystems, untouched natural beauty and original cultural identities of ethnic people, is receiving investment to make it a tourist hotspot and help drive the locality’s socio-economic growth.
bad debts hold key to economic growth

Bad debts hold key to economic growth

A fresh economic growth forecast of 5.04-5.35 per cent for this year will be a bridge too far unless bad debts and enterprises’ woes are addressed.
road to drive regional economic growth

Road to drive regional economic growth

A private infrastructure developer this week began construction of an expanded road project and Co Ma tunnel, a part of important Deo Ca tunnel project, for the nation’s arterial route.
vietnams 2012 gdp misreported

Vietnam's 2012 GDP misreported

It appears Vietnam’s 2012 economic growth was just 5.03 per cent, against 5.2 per cent previously reported
imfs lagarde warns rising income gap hurts growth

IMF's Lagarde warns rising income gap hurts growth

International Monetary Fund chief Christine Lagarde on Wednesday decried rising income disparity, noting its harmful effect on global economic growth.
state bank cuts interest rate

State Bank cuts interest rate

The State Bank last week announced a 1 per cent cut on base interest rates to promote economic growth—the eighth reduction since the beginning of 2012.
amway boosts economy with second factory

Amway boosts economy with second factory

Amway, the US-based leading direct selling firm, has benefited from economic growth in Vietnam since its local arm started operations five years ago. Now Amway has given Vietnam a vote of confidence with a new investment of more than $20 million for its second manufacturing plant in the country. Amway president Doug DeVos shared his thoughts with VIR’s Tuong Thuy during his April visit to Vietnam.
finding more room to grow in logistics

Finding more room to grow in logistics

Rapid economic growth and robust exports offer attractive opportunities for Singaporean logistics firms and logistics infrastructure developers in Vietnam.
boston blasts china data rock us stocks

Boston blasts, China data rock US stocks

Deadly explosions in Boston and disappointing China economic growth rocked US stocks Monday, sending the broad-market S&P 500 down more than 2.0 per cent.
us stocks slip after two record days

US stocks slip after two record days

US stocks closed lower Friday after two record-setting days, with sentiment dulled by poor US retail sales figures for March and more prospects of slow economic growth around the world.
economic falters after spectacular start

Economic falters after spectacular start

Vietnam’s economic growth has been trending down after five years’ World Trade Organization membership.
euro slips yen mixed after kuroda picked for boj

Euro slips, yen mixed after Kuroda picked for BoJ

wind power project begins on phu quy

Wind power project begins on Phu Quy

PV Power has started operating its wind farm on southern Binh Thuan province’s Phu Quy Island, advancing the opportunity for exploiting the renewable energy potential to spur the island’s economic growth.