Experts of Singapore-based JP Morgan Chase Bank have predicted that the Vietnamese economy will achieve a higher degree of stability in 2012 than in 2011, thanks to the government’s tight policy which has started to bear results. They also predicted that Vietnam’s inflation will cool down, the balance of payments will be better supported, and [...]
Given the worsening crisis in Europe at the moment, UK investors have plenty of woe right on their doorstep. So I’m going to revisit a troubled economy on the other side of the world – Vietnam. While it can’t compete with Italy for headline space, nobody has a nice word to say about it either. [...]
Vietnamese and foreign economic experts have argued that amid challenges, good opportunities are lying ahead for Vietnam to deal with economic difficulties. Speaking at the seminar “The World and Vietnam: Forecast 2012” held in Hanoi on December 17, Dr Can Phat Luc, senior advisor to President of the Executive Board of the Bank for Investment [...]
Vietnam expects to select one of the two supposed economic scenarios with the targets of GDP growth at 6%, consumer price index at 10% and trade deficit at 13.5% of total export turnover, VietBiz24.com cited the Vietnamese Ministry of Planning and Investment on Monday. Accordingly, the scenario 1 is built on the basis of forecasts [...]
Commenting that the national economy is now at the three-way crossroads and that the galloping two-digit GDP growth rate period is over, economists and businessmen still believe that the current difficult period is the time to restructure businesses and the national economy. This was what the participants heard at the annual 2011 CEO Summit held [...]
Ministry of Planning and Investment (MoPI) has recently submitted the country’s economic growth plan for 2012 whereby it said that the country should focus on curbing inflation, stabilizing the macro economy, achieving seasonable growth and economic and restructuring the economy. Accordingly, Vietnam’s GDP (gross domestic product) growth target would be about 6.5%, export at $101.7 [...]
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