Update news CPI
“GDP growth has important significance for Vietnam as it creates resources for investment & development, generates jobs, and increases the budget revenue,” said Nguyen Chi Dung, Minister of Planning and Investment (MPI).
VietNamNet Bridge - The low GDP growth rate in the first quarter of 2017 is a hot topic of discussion at the ongoing National Assembly session.
VietNamNet Bridge - To obtain a 6.7 percent GDP growth rate in 2017, Vietnam needs to change its economic structure, experts say.
VietNamNet Bridge - The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.
VietNamNet Bridge - In South East Asia, a business with capitalization value of $1 billion, or VND22.4 trillion, would be listed as a medium-size company. However, for Vietnamese, $1 billion is considered a milestone for many businesses.
VietNamNet Bridge - Economists have urged the government to reconsider the role of consumption and select it as the springboard to promote economic growth in the future.
VietNamNet Bridge - One fifth of the kieu hoi (overseas remittance) volume in 2015 has gone into the real estate sector, according to the State Bank of Vietnam (SBV).
VietNamNet Bridge - The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period.
VietNamNet Bridge - All Chinese goods can be sold in Vietnam, from farm produce to automobiles, from toothpicks to electronics and from clothes to thermopower technologies.
VietNamNet Bridge - The topic of the dialogue at the Vietnam Development Partner Forum (VDPF), the forum for Vietnam and its development partners, was about the resources Vietnam will rely on to develop its economy.
VietNamNet Bridge - Analysts have said the strong investment wave of investors from South Korea, Japan and the US would act as a counterpoise to rising Chinese investment.
VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines), which was considered the country’s leading shipping firm, had by mid-2015 reportedly owed VND2.3 trillion to commercial banks.
VietNamNet Bridge - The State Bank of Vietnam (SBV) has vowed to tighten the foreign exchange market as it has been doing with the gold market.