Tags: stimulus package

Getting legal framework up to speed with EVFTA

Getting legal framework up to speed with EVFTA

With the EU-Vietnam Free Trade Agreement coming into force, Vietnam’s investment and trade ties with the European Union are expected to receive a new boost. However, materialising these expectations depends largely on the success of the country’s efforts to accelerate regulatory reforms.

CPI rises sharply in September

CPI rises sharply in September

The Consumer Price Index (CPI) in September increased by 2.2 percent over the previous month, or a year-on-year increase of 6.48 percent, the General Statistics Office (GSO) announced on September 24.

Businesses face capital shortages

Businesses face capital shortages

Nearly 18,000 businesses were dissolved in the first four months of 2012, up 9.5 percent over the same period last year.

Effective measures needed to rescue businesses

Effective measures needed to rescue businesses

The Government’s approval of a VND29 trillion bailout package will not pay off as expected if there are not effective measures to address economic weaknesses in the long run.

Economic scenario for 2012

Economic scenario for 2012

In the face of economic slowdown, many people have suggested another stimulus package to resolve immediate difficulties.

Another domestic stimulus package is needed

Another domestic stimulus package is needed

The Vietnamese economy is bouncing back, therefore, it is essential to readjust the State’s monetary policies to help businesses develop and to prevent the State budget losing tax revenue.

PM presses ahead with stimulus package

PM presses ahead with stimulus package

Prime Minister Nguyen Tan Dung chaired a meeting in Hanoi on February 14 with representatives from commercial banks and financial organisations to review the implementation of his decision on the 4-percent interest rate subsidy and regulations on credit guarantees for businesses.