Tags: percent

HSBC lowers Vietnam’s growth to 5 percent

HSBC lowers Vietnam’s growth to 5 percent

(VOV) - The Hong Kong-Shanghai Banking Corp (HSBC) has adjusted Vietnam’s 2012 GDP growth to 5 percent, down from its earlier forecast of 5.1 percent in May.

JP Morgan Chase: Vietnam inflation bounces back

JP Morgan Chase: Vietnam inflation bounces back

Vietnam’s consumer price index (CPI) increased 2.2 percent September compared to the previous monthly average rise of 0.2 percent, but it is unlikely to rocket by the year’s end.

The debt burden on local businesses

The debt burden on local businesses

Vietnam’s explosive credit growth over a long period of time, together with bank policies to provide easy access to credit, have made Vietnamese businesses more dependent on bank loans.

Seminar seeks to boost movie distribution

US blockbusters and movies produced by foreign companies are overwhelming Vietnamese productions, making up 80 percent of movies screened in the nation’s cinemas, according to a seminar in Hanoi on July 25.

Skewed gender ratio creates demographic headache

Skewed gender ratio creates demographic headache

An increasingly skewed sex ratio, a decline in the use of contraceptives, and a sudden baby loom in the first five months all add up to a gloomy picture for family planning authorities.

More effort needed to boost exports

More effort needed to boost exports

Most of domestic businesses going bankrupt in recent times are private ones which have been seriously affected by the impact of economic slowdown.

Growth rate to be kept at 5.2-5.7 percent: PM

Growth rate to be kept at 5.2-5.7 percent: PM

Prime Minister Nguyen Tan Dung has expressed the Government’s strong resolve to maintain the 2012 economic growth rate of 5.2 - 5.7 percent and increase it to 6-6.5 percent in 2013.

Falling rate of inflation – just in short run

Falling rate of inflation – just in short run

If the consumer price index (CPI) is kept at around 5 percent by the end of 2012, it will be the second time in six years Vietnam sees inflation going down in one year but up in two years.

Clear-cut policies needed to rescue automobile market

Clear-cut policies needed to rescue automobile market

Under its commitments to the Protocol of Common Effective Preferential Tariff (CEPT), Vietnam’s import tax on motor vehicles will be cut to 50 percent in 2014 and to zero percent in 2018, which will seriously affect the development of Vietnam’s automobile industry and domestic market.