Binh Phuoc asked to make a big leap in economic growth

LookAtVietnam – The southern border province of Binh Phuoc should fully exploit its natural resources, including land, forests, and minerals to make a breakthrough in economic development, said National Assembly Chairman Nguyen Phu Trong.
During a visit to the province on March 11-12, Mr Trong acknowledged the socio-economic achievements that the local Party, administration and people [...]

Obama says he supports free-market economic system

U.S. President Barack Obama said on Thursday that he supports the free market economic system, a move to seek support for his efforts to revive the ailing economy.

A man walks past the New York State Department of Labor in Bronx of New York, March 12, 2009. With layoffs spreading, the number of initial claims for [...]

Economic growth topped 6 percent in 2008

The focus of the government’s $1 billion economic stimulus package announced earlier this month would be interest rate subsidies for small and medium businesses like the cooking oil factory pictured above, Minister of Planning and Investment Vo Hong

In the face of a dramatic global slowdown and raging inflation earlier in the year, Vietnam’s economy [...]

Vietnam, Japan should strengthen economic ties: PM

Prime Minister Nguyen Tan Dung has asked visiting former Japanese premier Yasuo Fukuda to support the signing of a bilateral partnership agreement between the two countries and the restoration of Japan’s aids to Vietnam.

The two countries should do their utmost to achieve both goals for mutual benefit, he said.
Receiving Yasuo Fukuda who [...]

Grim economic data puts crisis summit in spotlight

A vendor sleeps on cabbages while waiting for customers at a vegetable market in Taiyuan, Shanxi province Tuesday.

Weak economic readings from China, Japan and Britain and a grim corporate outlook worldwide reinforced fears Tuesday of a prolonged recession, prompting investors to look to a world leaders’ summit for solutions.

Chinese import growth [...]

Two scenarios for economic growth in 2009

–The economic growth rate may not reach 7% in 2008 and the inflation rate will go down sharply in 2009 are the two main points of the report which has just been released by MPI.

MPI has released the report which shows the world economy’s status and forecasts macroeconomic targets for 2009. The report was [...]