Tag: "gdp growth"

Korean M&A wind blows into finance

Korean M&A wind blows into finance

Unions between Korean financial institutions and Vietnamese securities or asset management firms are on trend, with visible upsides for both parties.

Major socio-economic development targets achievable

Major socio-economic development targets achievable

VOV.VN - The majority of NA Standing Committee members have echoed the Government’s view that most major socio-economic development targets would be achieved this year which aims for 6.7% GDP growth.

HSBC raises growth forecast to 6.6%

HSBC raises growth forecast to 6.6%

HSBC has revised its growth forecast for Vietnam this year up to 6.6 percent, days after data from the General Statistics Office showed the economy grew 7.46 percent in the third quarter year-on-year; its strongest third-quarter growth since 2010.

GDP growth snowballs in 3rd

GDP growth snowballs in 3rd

Despite a continued downturn in the mining sector, nine-month figures show Vietnam’s economy is on a good growth trajectory.

Credit growth rate might pose risks

Credit growth rate might pose risks

A high credit growth target of 21 per cent could be achieved this year, but with it come risks on credit quality and the potential for unevenly distributed loans, privileging large private firms instead of smaller ones.

Central Group to reinforce Vietnamese investments

Central Group to reinforce Vietnamese investments

Thai conglomerate Central Group will invest an additional $500 million to expand its operations in Vietnam within the next five years, aiming to set firm roots in this potential market, according to newswire Bangkok Post.

High political determination needed to meet growth target: PM

High political determination needed to meet growth target: PM

The fulfilment of the gross domestic product (GDP) growth of 6.7 percent in 2017 requires high political determination from ministries and departments as well as corporations, businesses and people, Prime Minister Nguyen Xuan Phuc stressed at a meeting in Hanoi on August 12.

Production improvement needed to fulfill GDP growth target

Production improvement needed to fulfill GDP growth target

Deputies to the 14th National Assembly have agreed that the Government should continue creating favourable conditions for investors and boosting production, especially in industry and services, to achieve the tough set GDP growth target of 6.7 percent for 2017.

Vietnam eyes tough road to fulfil 2017’s GDP growth target

Vietnam eyes tough road to fulfil 2017’s GDP growth target

Vietnam is facing tough challenges to fulfil its economic growth target for this year amidst the country is experiencing trade deficit and depending on foreign direct investment sector, held Dr. Vu Thanh Tu Anh, Fulbright University’s Director of Research.

Low worker productivity weakens GDP growth in Vietnam

Low worker productivity weakens GDP growth in Vietnam

VOV.VN - During the past three decades, the Vietnam economy has benefited from a transition away from agriculture toward manufacturing and services, and a demographic powered by a youthful population.

Aviva acquires entire shareholding in Vietnam JV

Aviva acquires entire shareholding in Vietnam JV

The multinational insurance company Aviva Plc has announced the acquisition of VietinBank’s entire 50% shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Limited and signing of a new distribution agreement with VietinBank.

Business environment effectively supports firms: PM

Business environment effectively supports firms: PM

Prime Minister Nguyen Xuan Phuc has assessed that the business and investment environment of Vietnam has been effectively supporting the development of enterprises, pointing a high number of startups and profitable firms.