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Vietnam Economy News. Service for global professionals. Constantly updated news and information about Vietnam.
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Latest Vietnam Economy News

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  • Devaluation of Vietnamese dong likely to hurt Thai exporters 11 Dec 2009 17:58 GMT
    ... Devaluation of Vietnamese dong likely to hurt Thai exporters Despite ... resulting from low foreign exchange reserves, high inflation and rising trade deficits. This means a ... months as authorities attempt to stabilise the macro-economy and convince the markets of their determination ...

  • Vietnam releases white paper on national defense 9 Dec 2009 08:45 GMT
    ... Vietnamese government on Tuesday released a white paper ... 1.8 percent of the Gross Domestic Product (GDP). The ratio was appropriate for Vietnam and ... in the next five years. If Vietnamese economy continues to grow, there will be more ...

  • Is Afghanistan another Vietnam? 16 Dec 2009 22:52 GMT
    ... less fervent than what prevailed during the Vietnam war. The other disturbing aspect is the ... economic fall-out of this military decision. The economy is already in crisis. Unemployment is on the increase. Opinion polls indicate ...

  • Eurocham opposes Eu`s plan to impose duties on Vietnam`s shoes 17 Dec 2009 05:31 GMT
    ... opposes Eu`s plan to impose duties on Vietnam`s shoes Thursday, December 17, 2009 11:12 WIB ... will cause adverse impacts on the Vietnamese economy as it faces a lot of difficulties derived ...

  • Vietnam Fights Rising Sea Levels, Protects Economic Growth 10 Dec 2009 22:13 GMT
    ... Vietnam is one of the world's fastest growing ... threat to its environment and livelihood. Vietnam's economy grew by 8.5 percent in 2007 and is ...

  • Daw: Counting on inflation to erode debt build up 17 Dec 2009 09:56 GMT
    ... the past – such as after the Vietnam War, World War II and earlier wars ... was followed by periods of higher price inflation, both for the U.S. and trading partners ... a more manageable 43 per cent of GDP within four years. They don't discuss the ...

  • Forbes publisher: Watch out for inflation; don't expect job growth 11 Dec 2009 03:40 GMT
    ... Vice President Spiro Agnew. The war in Vietnam had split the country. A reformer, Jimmy ... unconventional Jerry Brown would become governor. prices, inflation would prove to be a stubborn problem that plagued the economy for years. If all this sounds eerily ...

  • Vietnam: a rocky ride, but good value long-term 11 Dec 2009 10:50 GMT
    ... The Vietnamese dong has been under pressure as the ... Currency jitters were also caused by an economy on course to overheat. A Chinese-style government-induced ... loan growth is ahead of target and inflation has revived to a six-month high of ...

  • WB to lend Vietnam $65mln for food safety 12 Dec 2009 04:37 GMT
    ... agreement signed between the State Bank of Vietnam and the WB in Vietnam on December ... sector currently accounts for 22 percent of GDP and more than 60 percent of employment, of which the livestock sub-sector accounts for ...

  • Vietnam may keep 'tight' policy into 2011, Goldman Sachs says 13 Dec 2009 04:34 GMT
    ... Vietnam’s central bank may have to maintain “tight” ... “tight” monetary policy into 2011 to keep inflation under control, Goldman Sachs Group Inc. predicted. ... foremost” on reducing macroeconomic imbalances in the economy, Prime Minister Nguyen Tan Dung told a ...

  • Economy to lag behind Asia: bank 13 Dec 2009 15:53 GMT
    ... outlook for next year, saying that Taiwans GDP would grow only 4.4 percent, the worst in Asia The economy is expected to fall in the lower ... throughout Asia next year, followed by India, Vietnam and Singapore. The investment bank forecast that ...

  • Vietnam's devaluation: The dong goes for a song 10 Dec 2009 09:03 GMT
    ... government to go back on its word VIETNAM’S elegantly V-shaped recovery would be a terrible ... first half of 2008, when speculation and inflation threatened to surge out of control, the ... This is no easy task in an economy where already 42% of the total money ...

  • Vietnam deserves BRIC nod from Goldman 14 Dec 2009 04:32 GMT
    ... That sign greeted 800 people at a Vietnam investment forum this week, and it was ... very earnest discussions took place about an economy that’s become too casino-like for comfort. Yet ... rates and devalued the dong to cool inflation, confusing many. Bad infrastructure is also limiting ...

  • Food price inflation highest in 11 years 17 Dec 2009 19:51 GMT
    ... (RBI) will raise borrowing costs to curb inflation. An index of food articles compiled by ... reviving growth to fighting inflation. Australia and Vietnam have already begun raising interest rates as ... policy action is imminent,” she said. India’s economy grew 7.9% in the three months to ...

  • Vietnam seeks billions for ports overhaul 8 Dec 2009 10:50 GMT
    ... HANOI - Despite the global economic downturn, Vietnamese trade is outpacing its outdated and overworked ... and limit new trade opportunities. Vietnam's trade-driven economy is expected to grow 5% this year ... 5%, the third devaluation since June 2008. Inflation is rising, reaching 4.35% in November, and ...


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