Cabinet meeting deliberates inflation control Politics

Cabinet meeting deliberates inflation control

How to control inflation for the rest of the year was the hottest issue at a cabinet meeting held in Hanoi from Dec. 1-2 as CPI in the past 11 months almost hit the double-digit mark at 9.58 percent.
Domestic gold prices set new record Business

Domestic gold prices set new record

Domestic gold prices soared on Oct. 6 to a new record of 33 million VND per tael (1,690 USD), an increase of 1.4 million VND (72 USD) per tael over Oct.5's price, as speculators created a run on gold shops.
Business

Post-crisis opportunities, challenges highlighted

Numerous managers, economists and businesspeople gathered at a seminar in Ho Chi Minh City on September 9 to discuss the opportunities and challenges as well as Vietnam ’s policies and measures after the economic crisis.

Co-hosted by the Vietnam Investment Review (VIR) and the Association of Foreign-invested Enterprises, the seminar also served as a forum for the delegates to analyse the factors affecting the flow of investment and trade.
Business

IMF commits more financial assistance to Vietnam

IMF Deputy Managing Director Takatoshi Kato has confirmed the fund’s pledge to continue providing technical and financial assistance to Vietnam in economic development, controlling foreign exchange rates and meeting other requirements of the country’s development.
Business

Vietnam records positive economic growth in 2009

Vietnam’s economic performance in 2009 has been highlighted by its positive growth, stable inflation rate, high industrial output and success in attracting foreign investment despite the negative impacts of the global economic crisis. 

According to the Ministry of Planning and Investment, the gross domestic product (GDP) is expected to expand by around 5.2 percent, 0.2 percent higher than the target set by the National Assembly, the lowest growth for many years.
State Bank Governor explains financial solutions Politics

State Bank Governor explains financial solutions

The Governor of the State Bank of Vietnam, Nguyen Van Giau answered NA deputies’ queries about interest rate subsidies and other monetary policies at the 6th session of the 12th National Assembly on Nov. 17.
Business

Footwear exports to France edge up

Vietnam’s footwear exports to France saw promising, if slight, growth despite an 8.8 percent decrease in the country’s six-month export turnover.