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Government: Signs of declining economic growth have emerged

In a government report on the implementation of the socio-economic plan for 2011, presented by Deputy Prime Minister Nguyen Xuan Phuc, to National Assembly deputies in the morning of May 21, the government observed signs of declining econom [ … ]

 

A third scenario for national economy?

Economy

Lawmakers are asking the government to draft a new scenario for the national economy, as the economic slowdown is looming large and the 6-6.5 percent GDP target set for this year is unlikely [ … ]

   

Nation struggles to achieve GDP growth target

Vietnam may struggle to realise its economic growth target of 6.5% this year as the national economy expanded by only 4% in the first quarter and is predicted to only grow by 4.5% in the sec [ … ]

   

Standard Chartered predicts 10.9% inflation this quarter

 The nation's inflation rate in the second quarter will ease to 10.9 per cent, before dipping back into single-digit territory in the third and fourth quarters, Standard Chartered Bank [ … ]

   

Fitch affirms Vietnam at 'B+'; outlook stable

Fitch Ratings has affirmed Vietnam's Foreign- and Local-Currency Issuer Default Ratings at 'B+' and the outlook for both ratings stable. 

   

Bailout package for enterprises introduced

The Ministry of Finance (MoF) has officially issued a bailout package with five specific solutions to support enterprises to deal with economic difficulties.

   

HSBC cuts Vietnam growth forecast to 5.1%

HSBC Vietnam has adjusted down Vietnam growth forecast from 5.7% to 5.1% for this year, as the credit crunch is occurring faster than expected, says the bank’s macroeconomic report announced [ … ]

   

HSBC: Vietnam successful in curbing inflation

Vietnam’s successful implementation of tightening measures in 2011 has curbed demand for credit and slowed inflation significantly, said the Hong Kong and Shanghai Banking Corporation in its [ … ]

   

Gov't reaffirms preset targets

Prime Minister Nguyen Tan Dung asked for more efforts to realize the preset targets of keeping inflation around 9%, stabilizing macroeconomy, maintaining the growth rate of 6% and deploying [ … ]

   

The origin of public debt

 Ineffective public investment is the main reason that causes increasing public debt.

   

Economy sees promising signs in first four months

The national economy continued to see promising signs in the first four months of 2012, statistics showed.

   

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