Public debt poses big risk to Vietnam Business

Public debt poses big risk to Vietnam

The state budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the government to help the economy head towards growth, said Professor Tran Tho Dat, Principal of the National Economics University (NEU).
How will USD exchange rate move in 2019? Business

How will USD exchange rate move in 2019?

Experts have predicted that the State Bank of Vietnam (SBV) will hike the VND/USD exchange rate by 1.5-2 percent in 2019 to stabilise the macro-economy and facilitate exports.
Domestic sector shines in exports Business

Domestic sector shines in exports

The domestic sector exported goods worth 10.72 billion USD in the first two months of 2019, up 9.9 percent on year compared to a 4.3 percent growth posted by the foreign-invested sector.
Hong Kong tops foreign investors in Vietnam Business

Hong Kong tops foreign investors in Vietnam

Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country.
FDI up 2.5 times in first two months of 2019 Business

FDI up 2.5 times in first two months of 2019

As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Deputy PM hopes for closer ties with Norway Politics

Deputy PM hopes for closer ties with Norway

Deputy Prime Minister Trinh Dinh Dung asked the new Norwegian ambassador to Vietnam, Grete Lochen, to promote bilateral ties across economic, trade, and investment spheres during a reception in Hanoi on February 26.