Oil drops, high prices stoke demand concerns

Oil prices fell Monday on profit-taking but remained at elevated levels, prompting key industry bodies to express concern about the impact of high energy costs on both demand and economic growth.

Crude mixed in Asian trade

Crude was mixed in Asian trade Thursday as traders assessed the impact of high prices on global economic growth, analysts said.
provinces economic growth engine purrs

Province’s economic growth engine purrs

With a long coastline, crowded seaport system and well-conceived development strategy, southern Ba Ria-Vung Tau province is the growth engine of Vietnam’s southeastern region.
hcm city targets annual gdp growth of 12 pct

HCM City targets annual GDP growth of 12 pct

The southern economic hub, Ho Chi Minh City, has set a target of attaining an annual economic growth rate of 12 percent, 1.5 times higher than the country’s average level, in the next five years.
us stocks plunge dow loses 228 points

US stocks plunge: Dow loses 228 points

US stocks plunged Thursday on worries of higher oil prices and slowing economic growth, with the Dow, Nasdaq and S&P 500 indexes all losing more than 1.8 per cent.
southwest targets economic growth of 13 per cent

Southwest targets economic growth of 13 per cent

The Southwestern Region Steering Committee has set an economic growth rate goal of 12-13 per cent in 2011 for the southwest, in a bid to reinforce its role as one of the country’s key economic zones.
hsbc confident in vietnams economic growth

HSBC confident in Vietnam’s economic growth

The UK-based Hong Kong and Shanghai Banking Corporation Limited (HSBC) recently predicted that Vietnam’s economy would see positive growth this year.
japan finances vietnams two mega projects

Japan finances Vietnam's two mega projects

Japan will provide about 500 billion yen (roughly $6.1 billion) in financial assistance for Vietnam to undertake two infrastructure projects seen as key to promoting its economic growth.
gold hits new record

Gold hits new record

Gold struck a at $1,434.50 an ounce Tuesday as worries spread that the surging price of oil could fuel inflation and dampen economic growth.
inflation to knock growth off its stride down growth

Inflation to knock growth off its stride down growth

Forecasted high inflation in 2011 will continue to turn the screws against Vietnam’s economic growth ambitions.
us stocks rally as libya jitters ease

US stocks rally as Libya jitters ease

Wall Street stocks piled up steady gains Friday as Libya jitters eased and investors digested easing oil prices and weaker-than-expected data on US economic growth.
solid month sets the economic platform foundation for the year

Solid month sets the economic platform foundation for the year.

The economy has strong momentum to reach its growth targets this year with all economic indicators strongly expanding in 2011’s first month.
singapore sees record visitors in 2010

Singapore sees record visitors in 2010

Singapore welcomed a record 11.6 million visitors last year, up 20 per cent from 2009, thanks to the lure of its two new casinos and robust Asian economic growth, the tourism board said Thursday.
vietnam meets global challenge

Vietnam meets global challenge

“Having a reform mindset is the first step for Vietnam. Economic growth must shift from quantitative to qualitative.”
european stocks slide following us sell off

European stocks slide following US sell-off

European stock markets fell on Friday, dragged down by a sell-off on Wall Street as investors were spooked by disappointing earnings reports and US economic growth figures.