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World Bank warns Vietnam of ‘vulnerable’ credit-to-GDP ratio

The Hanoitimes – Vietnam’s economic growth is projected to moderate to 6.6% in 2019, driven by credit tightening, slower private consumption and weaker external demand. Amid tighter financing conditions, corporate and household balance sheets in Vietnam are increasingly leveraged with the country’s credit-to-GDP ratio at about 135%, according to World Bank in its latest “Managing Headwinds” […]

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Vietnam makes better use of FTAs

The Hanoitimes – Vietnam has the largest FTA utilization rate in the Indian market at 72%, Chile and South Korea came second and third at 67% and 60%. Vietnam’s exports benefiting from utilizing preferential treatments in free trade agreements (FTAs) in 2018 stood at US$46.2 billion, accounting for 39% of total exports to markets signing FTAs […]

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Outlook for Vietnam’s economy remains sound despite trade tensions: IMF

The Hanoitimes – Ongoing efforts to address corruption are welcome, said the IMF mission, urging improvements in public procurement, further strengthening of the system of income and asset declarations for public officials. Despite the trade tensions and financial volatility affecting emerging economies in 2018, the outlook for Vietnam’s economy remains sound, aided by its strong fundamentals, […]

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AUTO-PRIX-VIE-F1-070917
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Credit woes, HCMC slump loom over Vietnam real estate

LENDING and borrowing remains an issue in Vietnam’s real estate market, even as Ho Chi Minh City continues to lag Hanoi in property developments, a report has noted. Restrictions on expansion in Ho Chi Minh City has worsened the prospects for mass-market launches outside the central area, said Maybank Kim Eng analyst Thai Quang Trung, […]

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