Retail sales in Vietnam hit four-year high

Retail sales in Vietnam hit four-year high

Retail sales of goods and services in Vietnam reached 4.94 quadrillion VND (214.8 billion USD) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).
Vietnam’s growth rate at nearly 6.8 percent this year: WB

Vietnam’s growth rate at nearly 6.8 percent this year: WB

The World Bank (WB) expects Vietnam’s economic growth this year at nearly 6.8 percent, compared to the 6.3 percent projected for East Asia and the Pacific, in a report released on December 11.
Hoa Phat Energy tops 500 fastest growing firms

Hoa Phat Energy tops 500 fastest growing firms

Hoa Phat Energy Joint Stock Company has been named top performer in the 2012 list of 500 enterprises with the highest revenue growth rate.
An uphill battle of national economy

An uphill battle of national economy

The Prime Minister has recently shown the government’s resolve to keep 2013’s inflation at 6 per cent – a task that will entail overcoming a variety of challenges, according to Minister of Planning and Investment Bui Quang Vinh.
Economic growth turns positive

Economic growth turns positive

The socio-economic performance has recorded positive movements, signalled by bright signs like declining lending interest rate, stable exchange rate, higher foreign currency reserve and lower inventory level.
National Assembly lays out future challenges

National Assembly lays out future challenges

The 13th National Assembly’s second session opened this morning in Hanoi with a focus on approving five laws, one resolution and making targets for 2012 and 2011-2015.
Vietnam’s efforts to cope with crisis highlighted

Vietnam’s efforts to cope with crisis highlighted

International experts and donors praised the Vietnamese government’s efforts to cope with crisis, inflation and recession at the Consultation Meeting with Development Partners on Vietnam’s Macro-Economic Situation in Hanoi on September 6.
HCMC maintains robust growth

HCMC maintains robust growth

Ho Chi Minh City has maintained significant socio-economic growth despite the global economic challenges in the first half of the year.
Banks trim yearly growth targets

Banks trim yearly growth targets

ACB and Techcombank are both bucking the trend in the downbeat banking sector by targeting strong growth pace in 2011.
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.
Twin targets race to top of agenda

Twin targets race to top of agenda

A calm macroeconomy and cooling inflation will be Vietnam’s top priorities in its 2011 socio-economic development plan.
Banks look to end 2010 with a bang

Banks look to end 2010 with a bang

“Most banks are trying to meet their deposit growth rate and total asset targets”
GDP growth rate ignites National Assembly debate

GDP growth rate ignites National Assembly debate

Several National Assembly delegates disagreed with the government’s planned growth rate for the gross domestic product (GDP) - 8 per cent for 2006 - and said that a higher level would help Vietnam catch up with developed countries.