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Vietnam: VN trade deficit with ASEAN nations grows

According to data from the General Department of Việt Nam Customs, Việt Nam’s trade deficit with other members of the Association of South East Asian Nations has been widening relentlessly in recent years, going up from US$3.2 billion in 2013 to $4 billion in 2014 and $5.5 billion last year. It climbed to $4.5 billion […]

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Vietnam: VN farmers improve export chain

Việt Nam’s agricultural production has gradually entered the global supply chain, according to the Việt Nam Logistics Institute (VLI). Speaking at a seminar on improving the supply chain for export products preserved in cold and frozen storages held in HCM City last Friday, Thomas Nguyễn, a lecturer at the VLI, said more and more farmers […]

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Vietnam: Slight drop in foreign investment in VN

New foreign direct investment (FDI) registered in the 10 months of this year decreased by 1.3 per cent year-on-year to US$12.3 billion despite an annual rise of 25 per cent in the number of projects. Up to 2,061 new foreign-invested projects were granted licences during the reviewed period, according to data issued by the Foreign […]

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Vietnam targets Q4 growth of 7.7%

Vietnam targets economic growth in the final quarter of this year of 7.1%-7.7% percent, a government senior official said on Saturday. The rate will help the country achieve full-year growth of 6.3-6.5 percent, government spokesman Mai Tien Dung told a news conference. “The speed of economic growth will affect public debt,” Dung said. The government […]

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Vietnam: Tough times ahead for VN on foreign loans

A senior official of the Ministry of Finance (MoF) says Việt Nam needs to tighten its management of official development assistance (ODA) loans and mobilise private sector capital to ease the burden of public debt. Hoàng Hải, deputy head of the Department of Debt Management and External Finance told a press conference held by the […]

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