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Vietnam GDP forecast at 6%, inflation unfeasible at 7% this year

Vietnam economy is forecast to grow by 6% this year while the inflation target of 7% is likely unfeasible Vietnam economy is forecast to grow by 6% this year while the inflation target of 7% is likely unfeasible, Dr. Vo Tri Thanh, Deputy Director of the Central Institute for Economic Management told the local newswire [...]

Mekong delta obtains high GDP in 2010

The Mekong delta region obtained a Gross Domestic Product (GDP) of 12.2 percent in 2010, doubling the country’s average level (6.78 percent). According to the Steering Board of the Southwestern Region, over the past year, the region had a total social investment of over VND 153 trillion (US$ 7.2 billion). The region gained a food [...]

HCM City’s GDP reaches nearly 12pct in 2010

Ho Chi Minh City’s authorities had a meeting with representatives of foreign agencies at the office of the municipal People’s Committee on January 27. They briefed the latter on the city’s socio-economic development in 2010 and its orientation for 2011. Last year, despite facing difficulties, the city maintained its GDP growth at approximately 12 percent, [...]

HCM GDP grows at 11.8% in 2010

Ho Chi Minh City (HCMC) Gross Domestic Product (GDP), one of the two biggest cities in Vietnam, is likely to expand 11.8% on year to VND414,068 billion in 2010 Ho Chi Minh City (HCMC) Gross Domestic Product (GDP), one of the two biggest cities in Vietnam, is likely to expand 11.8% on year to VND414,068 [...]

Vietnam GDP reaches 6.78% in 2010: MoPI

Vietnam gross domestic product (GDP) is estimated to have increased by 6.7% in 2010, beating the National Assembly’s target of 6.5%, driven by industry and construction, and service sectors Vietnam gross domestic product (GDP) is estimated to have increased by 6.7% in 2010, beating the National Assembly’s target of 6.5%, driven by industry and construction, [...]

HCM City targets 12pct GDP growth for next year

The HCM City government unveiled a plan on Tuesday to boost economic growth next year, targeting to achieve a gross domestic product growth rate of 12 percent compared to an estimated 11.5 percent economic expansion this year. HCM City vice chair Nguyen Thanh Tai, addressing the city’s People Council session on Tuesday, said the city [...]

Hanoi GDP to expand 11% in 2010

Hanoi gross domestic product (GDP), Vietnam’s capital, is estimated to expand 11% in 2010 from 2009, beating the earlier target of 10.5% Hanoi gross domestic product (GDP), Vietnam’s capital, is estimated to expand 11% in 2010 from 2009, beating the earlier target of 10.5%, the online newspaper VnEconomy reported on December 6, citing the Phi [...]

HCMC looks to stabilise economy, achieve 12% GDP

The municipal administration will concentrate efforts on boosting its production and business sectors, stabilising the city’s macro-economy and keeping inflation under control as it aims at a 12 per cent gross domestic product (GDP) growth next year. According to the HCM City People’s Committee’s report approved by the second meeting of the Ninth Party Committee [...]

HCM GDP likely to expand 11.5% in 2010

Ho Chi Minh City (HCMC) Gross Domestic Product (GDP), one of the two biggest cities in Vietnam, is likely to expand 11.5% on year to VND418,068 billion in 2010, the state-run TTXVN reported on December 1. The sectors saw the highest increase are estimated to be service (+11.9%), industry and construction (+11.3%), agriculture (+5.2%). Service, [...]

Vietnam ETF gains 2%; GDP forecast at 6.7% in 2010

While emerging markets ETFs closed down Tuesday, a Vietnam-focused fund surged.The Market Vectors Vietnam ETF (VNM) rose by 2.12%, or 52 cents, to $25.08 a share. While emerging markets ETFs closed down Tuesday, a Vietnam-focused fund surged.The Market Vectors Vietnam ETF (VNM) rose by 2.12%, or 52 cents, to $25.08 a share. Although VNM is [...]

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