HANOI — The Asian Development Bank (ADB) has projected the economic growth of Vietnam will be 6.3 per cent this year, taking 0.2 percentage points off from the previous forecast. This is followed by a projected growth of 6.5 per cent in 2018. However, the Vietnamese economy continued to perform well despite several setbacks, the […]
Read MoreHANOI — A total of 8,600 new enterprises with total registered capital of nearly VND80.5 trillion (US$3.54 billion) were established in September, according to the Ministry of Planning and Investment. The registered capital dropped 39 per cent compared with the previous month, while the number of newly established enterprises declined by 31 per cent. The ministry said the […]
Read MoreHANOI — Overnight interest rates in the inter-bank market hit a two-month high but liquidity of the banking system remained stable, a report from SSI Retail Research showed. According to the report, inter-bank rates last week increased for the past two consecutive weeks, pushing the overnight rate to hit two-month high of 0.9 per cent, […]
Read MoreCambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Ministers at the 22nd GMS Ministerial Conference on Friday celebrated 25 years of economic cooperation, acknowledging the achievements of an Asian Development […]
Read MoreHANOI — Minister of Industry and Trade Tran Tuan Anh has promulgated decision to conduct inspections at three loss-making projects under their management. They include Lao Cai DAP 2 Fertiliser Plant, a subsidiary of Vietnam National Chemical Group (Vinachem), Phuong Nam Pulp Mill, a subsidiary of the Vietnam Paper Corporation (Vinapaco), and Dung Quat Shipbuilding […]
Read MoreHANOI – Vietnam will adopt multiple solutions to reach its target of US$200 billion in total export value for the year, a year-on-year increase of 13 per cent, officials said. The target, which would mark a new record, if successful, is based on the country’s success with exports over the first eight months of this […]
Read More
Thailand
