Vietnam: Cap of 5% inflation in new economic plan Monday, 15 August 2016 – The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy. The ministry said that intensive economic restructuring has become critical for […]
Read MoreVietnam: Credit Rises 8.54%: Central Bank Sunday, 14 August 2016 – Credit rose 8.54% by July 29 against late last year while mobilised capital surged 9.94%, the State Bank of Vietnam (SBV) reported August 11. At a meeting held in Hanoi on August 11 to review banking operations in H1 and outline plans for the […]
Read MoreVietnam: Vietnam banks bad debts drop to 2.58 pct: data Sunday, 14 August 2016 – It represented a decrease of two percentage points from a month earlier, the central bank’s website reported Thursday, quoting Doan Van Thang, deputy director of the Vietnam Asset Management Company. It was also nearly equal to the five-year low of […]
Read MoreVietnam: Petrolimex reports over a trillion in first-half profits Sunday, 14 August 2016 – The Vietnam National Petroleum Group, or Petrolimex, posted pre-tax profits of VND716bn (USD32.5m) in the second quarter and nearly VND1.6trn in the first half of the year. According to the financial report, the second quarter’s revenue dropped by a third compared […]
Read MoreVietnam: Vietnam a rising retail market in Asia Pacific Sunday, 14 August 2016 – Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL. “The market is becoming more attractive recently on the back of a rise in purchasing power, growth in consumer retail spending, and an expansion in […]
Read MoreVietnam: Hà N?i to offer free Wi-Fi in tourist areas, bus stops Saturday, 13 August 2016 – Director of Hà N?i’s Department of Information and Communications said the city will soon offer free Wi-Fi in some areas such as the old quarter, tourist locations, and bus stations. The city expects the free Wi-Fi internet access […]
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