Vietnam’s total capital mobilization for social investments are estimated at VND877.9 trillion in 2011, up 5.7% from 2010 and account for 34.6% Gross Domestic Products (GDP), the General Statistics Office (GSO) said. Excluding the price hike, the 2011’s total social investments equaled to 90.6% the 2010’s figures, GSO added. Out of the total VND877.9 trillion [...]
Vietnam’s 2011 Gross Domestic Product (GDP) growth is estimated at 5.89%, lower than the growth level of 6.78% in 2010, the General Statistics Offices (GSO) said. In the year, Vietnam recorded growth rates of 5.57% in Q1, 5.68% in Q2, 6.07% in Q3 and 6.10% in Q4. The GDP growth of the agriculture, forestry and [...]
At the meeting with localities on the implementation of the National Assembly’s Resolution on socio-economic development tasks and state budget in 2012, leaders of the Government, ministries, sectors and localities confirmed the success in 2011 that Vietnam controlled inflation, basically maintained the macro-economic stability in association with production and business activities maintained and ensured social [...]
Key socio-economic tasks for 2012 will focus on stabilizing the macroeconomy, controlling inflation at 9 percent, and maintaining economic growth of 6-6.5 percent. Cabinet members met in Hanoi with provincial and municipal leaders from throughout the country on December 22 to implement the National Assembly (NA) resolution on 2012 tasks for socio-economic development and the State [...]
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 [...]
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 [...]
International donors’ strong confidence in Vietnam’s efficiency in utilising official development assistance has again been underscored. At last week’s Consultative Group Meeting, Minister of Planning and Investment (MPI) Bui Quang Vinh announced that international donors had vowed to provide Vietnam with $7.38 billion in official development assistance (ODA) in 2012. The sum was equal to [...]
Ho Chi Minh city (HCMC) targets to reach Gross Domestic Product (GDP) growth at 10% plus, and average personal income (PI) at $3,600 in 2012, according to local newswire VnExpress. The figures were provided in the closing session of the city’s Council Meeting on Dec 9. In 2012, Ho Chi Minh city will continue to [...]
Hanoi authorities passed resolution on the capital’s socio-economic development task in 2012 on December 8, including Gross Domestic Growth target at 10-10.5%. The city also aimed for export revenues increase of 15%, total social investment up 15%-17%, creating 139,000 new jobs. Hanoi will give priorities to curb inflation, stabilize economy, maintain reasonable growth level, improve [...]
Deputy Prime Minister Hoang Trung Hai worked with the Ministry of Industry and Trade on December 7 to discuss their implementation of 2011 tasks and plan for 2012 as well as the 2011-2015 period. At the meeting, Mr. Hai stressed the great challenges facing the industry and trade sector, when the country restructures its economy [...]
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