GDP per capita

Update news GDP per capita

Recalculation shows Vietnam’s public debt at 66.4% of GDP

The Ministry of Planning and Investment (MPI), after a recalculation, has announced that Vietnam’s public debt in 2014 was equal to 66.4 percent of GDP, or 6.5 percent higher than the 59.9 percent rate made public before. 

Labor productivity reaches alarmingly low level

VietNamNet Bridge - Experts doubt that the minimum wage can be lifted each year if Vietnam’s productivity remains low compared with other ASEAN countries.

Instant noodle market’s golden days are over

VietNamNet Bridge - The instant noodle market has become saturated after a long period of hot development. However, investors are still pouring more money into the sector.

Consumer price index slips 0.07 per cent during August

The national consumer price index (CPI) in August declined 0.07 per cent against the previous month but increased 0.61 per cent compared with the same month last year.

‘Black Monday' for VN stocks

Vietnamese shares joined those on other Asian markets yesterday as they experienced the hardest fall since the beginning of the year, dragged down by the latest Chinese stock rout.

Fiscal policy, public debt are major problems, not inflation or monetary policy

VietNamnet Bridge - Concerns about public debt arose again after the Ministry of Finance (MOF) asked for VND30 trillion from the State Bank.

Vietnam’s public debts not too high, but still risky: economist

VietNamNet Bridge - The Ministry of Finance (MOF) said that Vietnam’s public debt was still within the safety line but economists say they can see high risks.

Is Vietnam’s intellectual standard high or low?

VietNamNet Bridge - Vietnam’s intellectual standard has unexpectedly become a hot topic of discussion on education forums.

Vietnamese spend big money on luxury goods, live on borrowed funds

A report says two-thirds of Vietnam’s GDP comes from individual consumption, including purchases made by Vietnamese smitten with luxury goods.

Vietnamese crazy about expensive branded goods

More and more Vietnamese have got keen on luxurious goods and willing to pay money on branded products, even though they are much more expensive than the average income.

The most famous family run economic groups in Vietnam

Though the family run business model remains controversial, the influences of the famous family run conglomerates to the national economy in the past and at present are undeniable.