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 [...]

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 [...]

World Bank lowers growth forecast for Vietnam

Vietnam’s shipments of staple items like garments and seafood, which until recently saw high export growths, are not expected to fall sharply, said the World Bank’s acting country director

Vietnam is expected to post gross domestic product (GDP) growth of 6.5 percent in both 2008 and 2009, lower than earlier predictions, the World Bank said in [...]

The cost of growth

One of the factories at Bac Ninh Province’s Da Hoi trade village, which produces hundreds of thousands of tons of metal products every year.

Air pollution in one of Vietnam’s first trade villages is becoming unbearable, but money keeps rolling in.

At Dac Hoi steel making village in Chau Khe Commune in northern [...]

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 [...]