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Update news vietnam economy
A bright future lies ahead for the nationwide expansion of public-private partnership model following the initial results of implementing many infrastructure projects and investment flows on the upward path.
Viet Nam’s benchmark VN-Index grew beyond expectations in the first quarter of 2019, but a number of investment funds were unable to outperform the benchmark in the same period.
The tourism property sector has great potential for growth thanks to the rapid growth in the tourism industry, a forum heard in HCM City last Saturday.
The property sector will continue to be a fertile ground for foreign investors, largely due to the country’s rising demands for housing as well as deeper global integration with a line-up of bilateral and multi-lateral new-generation trade pacts.
Vietnam spent more than 570 million USD on importing pharmaceuticals in the first quarter of this year, marking a year-on-year increase of 16.7 percent.
Vietnam continued to witness a number of sizable FDI transactions and projects in the first quarter (Q1) this year, with the biggest coming from Hong Kong.
Domestic and foreign investors have shown interest in investing in Vietnam's National Innovation Center (NIC), according to Minister of Planning and Investment Nguyen Chi Dung.
Eighty eight percent of Vietnam’s credit institutions expected higher profitability in 2019 compared to the previous year, of which 20 – 29% predicted “much improvement”.
Policymakers should have good knowledge of market mechanism and its problems to work out appropriate policies; otherwise, they may make things worse.
Power consumption currently makes up only 3.5% of the basket for consumer price index (CPI) calculation. The average power price hike of 8.36% is therefore estimated to increase the overall CPI by just 0.3%.
The Department of Food Safety has yet to receive any official statement from Japanese authorities on the recent recall of 18,000 Chinsu chili sauce bottles containing a banned additive, the local media reported.
The fact that 80 percent of students got scores below average in English at the high school finals clearly shows the inefficiency of the program on teaching English at general schools.
Municipal authorities began planning to move universities from Hanoi’s inner districts to the suburbs about 20 years ago but up to now, few university relocation projects have been carried out and none are complete.
VietNamNet Bridge – Underground water in the Ly Son Islands, 30km off the coast of Quang Ngai Province, has become seriously salinised in the early dry season this year
Standard &Poor’s (S&P) Global Ratings has announced that it has raised Vietnam’s sovereign rating to ‘BB’ from ‘BB-‘, with a stable outlook.
Many displaced by the Ban Ve hydroelectric power project in the central province of Nghe An have for years abandoned the resettlement homes built for them and returned to their old land.
VietNamNet Bridge - International institutions have predicted high GDP growth rates for Vietnam in 2019, but do not expect them to be more than 7 percent.
VietNamNet Bridge – Health experts called Vietnamese people to put their best feet forward, and walk 10,000 steps each day.
VietNamNet Bridge – Ha Noi FC moved back to the top of the V.League after an impressive 4-0 victory over Song Lam Nghe An.
VietNamNet Bridge – The 8th Southern Traditional Cake Festival will open in Can Tho, the largest city in the Cuu Long (Mekong) Delta, from April 12 to 16.