Consumer Price Index (CPI) in Ho Chi Minh city is estimated to have increased 0.73% in December from November, driven by the higher prices of foods and foodstuffs, the city’s General Statistics Office (GSO) said. Of which, urban area recorded the CPI rise at 0.68% and rural area posted CPI rise at 1.17%. As many [...]
Ho Chi Minh City ‘s Gross Domestic Product ( GDP) growth is estimated to have increased 10.3% in 2011, the city’s General Statistics Office (GSO) said. The city’s GDP is estimated at VND503.28 trillion, increasing 10.3% from 2010 but lower than the earlier target of 12% and down 1.5% compared with growth rate of 2010 [...]
Hanoi consumer price index (CPI) in December is estimated to have accelerated by 0.61% on-month, driven by high garment, footweare, hat, culture, entertainment and tourism prices, the capital’s General Statistics Office (GSO) said. Prices of all good and service baskets increased. Of which, 2 out of 11 baskets of goods have recorded the high level [...]
Haiphong targets to reach Gross Domestic Product (GDP) Growth from 11.5% to12.5% in 2012. The figure was provided in the city’s 2012 resolution on social economic tasks which was approved by the City’s People Council. The city also set out other targets for 2012 which are stated in the resolution as below: – The Industrial [...]
Number of people applying for unemployment benefits rose 40% to 318,000 in the first 11 months of this year, data from employment department of the Ministry of Labour – Invalids and Social Affairs (MOLISA) showed. Le Quang Trung, deputy head of the department said one of the factors leading to high unemployment was economic difficulties [...]
The restructuring of Vietnam’s economy “will not be an easy task,” since it will affect many group and individual interests, concluded leaders, economists and businessmen at a seminar held in Hanoi on Dec 16. Attending the seminar co-sponsored by Nhan Dan Newspaper, Ministry of Planning and Investment, the Ministry of Finance and the Central Bank [...]
This year total budgetary revenues and aids are estimated to have reached 674.5 trillion dong, increasing by 20.6% year on year, the Ministry of Finance reported. In which the revenues from taxes and tariffs account for 586.151 trillion dong, up 21.8% against one year earlier, and the revenues from crude oil will have gained 100 [...]
In 2011, Vietnam’s total state budget revenues and collection from aids were estimated to have reached 674.5 trillion dong, rising 28% from 2010 and equaling to 113% of the year’s estimate, according to the Ministry of Finance (MoF). Of which, collection from taxes and fees would reach nearly 625 trillion dong (accounting for 92% of [...]
Trade Minister Vu Huy Hoang has affirmed Vietnam’s determination and commitment to the multilateral trading system which is one of the focal points in the country’s policy for international economic integration. This is the second time Vietnam has attended the World Trade Organizationi (WTO) Ministerial Conference as a full WTO member. In his speech at [...]
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 [...]
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