Saturday, January 19, 2019 - 17:05:33

Vietnam’s GDP

Vietnam treasures ADB support: PM

Politics

Vietnam treasures ADB support: PM

Prime Minister Nguyen Tan Dung has told outgoing ADB Country Director in Vietnam Tomoyuki Kimura that Vietnam highly values ADB’s support over the past years, especially in policy consultations, technical assistance and resource provision for the country’s growth.

EIU affirms Vietnam’s improving economic prospects

Business

EIU affirms Vietnam’s improving economic prospects

The Economist Intelligence Unit (EIU) of The Economist Group has confirmed Vietnam ’s improving economic prospects, saying after several years of lacklustre economic performance, headline indicators suggest that Vietnam may be turning a corner.

Investors aware of Vietnam's long-term potential

Business

Investors aware of Vietnam's long-term potential

International investors of four funds under the management of the VinaCapital Group recognise Vietnam 's long-term potential but are concerned about the country's struggle to contain inflation.

VinaCapital chairman Terry Mahony said: "In the short term, Vietnam still faces challenges including high inflation and interest rates, which cause pressure to investment funds."

Foreign reserves disclosure eyed

Business

Foreign reserves disclosure eyed

The State Bank of Vietnam (SBV) will work with Government members to discuss the possibility of disclosing national foreign exchange reserves, SBV Governor Nguyen Van Giau told the Asian Development Bank's 44th Annual Meeting of the Board of Governors in Hanoi this week.

Businesses foremost in fostering an export revival

Business

Businesses foremost in fostering an export revival

Vietnam’s exports are on track to bounce back, not just only because of the government’s management policy, but also due to the efforts of various state run enterprises, said an official from the European Chamber of Commerce (EuroCham).

The Director of EuroCham’s Hanoi Office, Matthias Duehn, said at a seminar to promote exports in Hanoi on Oct. 12, that despite having faced many difficulties resulting from the global economic crisis, particularly in exports, Vietnam is likely to post a GDP growth rate of 5 percent this year.