Eye-catching GDP recorded

Vietnam’s gross domestic product exploded by  5.76 per cent during January-September. The country’s GDP mounted to VND406.308 trillion or $19.62 billion based on 1994’s comparative prices, surging 5.76 per cent against corresponding period in 2010, according to General Statistics Office statistics. The industrial sector grew the fastest at 6.62 per cent in the year ending [...]

HCM City’s Jan-Sept GDP growth at 10pct year on year

HCM City’s GDP (gross domestic product) growth in the first nine months of this year is estimated to have reached 358.361 trillion dong (according to the real price), increasing 10% from the same period last year (it was 11.2% in last Jan-Sep), HCM City Statistics Bureau said on Wednesday September 21. Under which, non-state economic [...]

Vietnam’s GDP in Jan-Sept grows 5.76pct: GSO

Vietnam’s GDP (gross domestic product) in the first nine months of this year is estimated to have reached 406.308 trillion dong (basing on the base price in 1994), up 5.76% from the same period last year. According to the real price, the country’s GDP in January-September is estimated to have reached over 1,700 trillion dong, [...]

Vietnam Jan-Sept GDP grows 5.76 pct y/y -website

Vietnam’s economy grew 5.76 percent in the first nine months of the year from the same period last year, the state-backed news website Gafin.vn on Wednesday quoted the government’s statistics office as saying. Last year, gross domestic product expanded 6.52 percent during the same nine-month period. The government has been fighting Asia’s highest inflation and [...]

EIU lowers Vietnam’s 2011 GDP growth forecast to 6%

The Economist Intelligence Unit (EIU) in its August report lowered the 2011 GDP growth forecast for Vietnam to 6% from initial 6.3% offered in June report. According to EIU, high interest rates and increasing inflation reduced individual consumer and investment growth. But, the country’s government may bring the inflation under control without big impacts on [...]

Eurocham remains cautious about local economy

Business confidence and outlook among European businesses in Vietnam in Q3/2011 continued to fall for a 3rd consecutive quarter after losing 9 points quarter on quarter in the Q2’s survey, said the latest survey of the EuroCham Business confidence and outlook among European businesses in Vietnam in Q3/2011 continued to fall for a 3rd consecutive [...]

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