Vietnam sees economic recovery on the horizon

Le Quoc Phuong, Deputy Director of the Vietnam Industry and Trade Information Centre, talked to the Vietnam News Agency about the country's trade surplus in 2014 and the challenges it may face in 2015.

VN-China relations see positive developments in 2013

The Vietnam-China relationship saw positive developments in 2013, contributing to stability and peace in the region and the world at large, Vietnamese Ambassador to China Nguyen Van Tho has said.

Bilateral ties have recorded progress in various fields since the two countries normalised their relations, Tho told reporters on the sidelines of a recent national external affairs conference in Hanoi.

State Bank leaves interest rates unchanged

The State Bank of Vietnam (SBV) has opted to leave interest rates unchanged between now and the end of the year, according to SBV in its announcement in Hanoi on December 6.

Trade deficit widens in September

Vietnam's trade deficit hit an estimated 200 million USD in September after three consecutive months of trade surplus, the General Statistics Office (GSO) reported.

The GSO said the country's export turnover this month was 9.7 billion USD, declining 6 percent over last month, while import turnover was 9.8 billion USD, down 4.5 percent from August.

Fitch lauds measures to cool overheating economy

Easing inflation and improvements in the trade balance suggest that Vietnam 's economy is stabilising, but authorities need to double their commitment to the "Resolution 11" policies to maintain this progress.