BUSINESS HIGHLIGHTS €“ MAY 2-8
[09-05-2016] Tough punishments on USD deposit interest rate ceiling violation, construction on a US$220 million wind power plant in Tra Vinh, fuel prices increasing VND600 per liter and Industrial Production Index (IPI) up 8% are highlights in the national economy from May 2-8.
CONCERNED FOR NEXT ECONOMIC GOALS
[10-05-2016] The slowing economy in the first quarter of 2016 fuelled concerns over next economic objectives since this will significantly impact macroeconomic policies in the next quarters if no suitable administrative solution is taken.
VIETNAM€™S FDI INFLOW JUMPS 85 PERCENT YEAR ON YEAR TO $6.9 BILLION
[28-04-2016] Foreign direct investment (FDI) pledges in Vietnam rose to $6.88 billion over January 1-April 20 this year, surging 85 percent from a year earlier, according to General Statistics Office (GSO) data released on April 27.
ECONOMIC HIGHLIGHTS €“ APRIL 18-24
[25-04-2016]The PM's upcoming meeting with businesses; the 4th negotiation round on trade deal among Viet Nam, Laos, and Cambodia; the Foreign Ministry's conference promoting Asia-Europe partnership; and the attainment of a trade surplus of US$1.36 billion in Q1 are economic highlights from April 18-24.
DONG NAI ATTRACTS HUGE FOREIGN INVESTMENT INTO AUXILIARY INDUSTRY
[21-04-2016] Since early 2016, the southern province of Dong Nai attracted 33 foreign projects, including 15 projects in auxiliary industry and two ones in mechanics and garment, according to the Management Board of Dong Nai industrial zones.
VIETNAM€™S INFLATION TO EDGE UP TO 5 PERCENT IN 2016: REPORT
[19-04-2016] Vietnam posted arecord low inflationrate of 0.63 percent in 2015, but that could rise to four or five percent this year, according to the Vietnam Quarterly Macroeconomic Monitor, Quarter 1 – 2016. Inflation had been pushed up by 1.69 percent as of the end of last month, driven by increments in education and healthcare prices, Dr. Nguyen Duc Thanh, VEPR director, said at the ceremonial release of the report in Hanoi on Tuesday.
WB CUTS VIETNAM€™S 2016 GROWTH FORECAST TO 6.2%
[13-04-2016] The World Bank has revised down its 2016 growth forecast for Vietnam to 6.2% from the earlier projected 6.5%. Sandeep Mahajan, lead economist of the WB in Vietnam, said Vietnam’s projected growth would moderate to 6.2% due to slower private consumption and investment growth.
BUSINESS HIGHLIGHTS €“ APRIL 4-10
[11-04-2016] Economic outlook still bright despite growth slowdown, FDI attraction up 125.2% in Q1, exports to China up 10.38% and new wave of Japanese investment to arrive in Viet Nam are economic highlights from April 4-10.
