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Wednesday, December 26, 2012
The Vietnam central bank must apply an appropriate interest rate policy and control bad debts to ensure the banking system's liquidity, while also helping businesses access loans, according to Party General Secretary Nguyen Phu Trong at a working session with key officials of the State Bank of Vietnam and representatives of commercial banks in Hanoi on Saturday.
Tuesday, December 25, 2012
Vietnam on Monday cut its key interest rates for the sixth time in 2012 in an attempt to boost an economy growing at the weakest pace in more than a decade.
Monday, December 24, 2012
The price of electricity in Vietnam is set increase by 5 percent to 1,437 dong (US$0.06) excluding VAT for 1 kWh from today, following a circular issued by the Ministry of Industry and Trade on Thursday.
Tuesday, December 18, 2012
Vietnam's disbursements of foreign investment capital could reach a total of roughly US$10.5 billion this year, the Ministry of Planning and Investment estimates.
Wednesday, December 12, 2012
Vietnam risks economic stagnation unless the government can reform its debt-laden banking sector and overhaul inefficient state-run companies, key donors have warned.
Wednesday, December 5, 2012
Over the next five years, Thailand's competitive manufacturing ranking will fall from 11th place to 15th, behind Vietnam, which will enter the top 10, according to Deloitte Touche Tohmatsu.
Tuesday, November 27, 2012
Expert downgrades Vietnam's economic outlook
Vietnam's economic growth rate in 2012 is forecast at 5.2 percent. It is the second adjustment from the previous projections of 5.5 percent and 6.5 percent, and is due to a slowing down of the country's economic performance in the first 10 months of 2012.
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