Vietnam prepares to raise sovereign credit rating

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Báo Dân Trí English 3 month(s) ago

Vietnam prepares to raise sovereign credit rating

As part of a scheme to improve the country’s sovereign credit rating by 2020, the government has set a target of achieving a GDP per capita level of USD3,000.

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State-owned enterprises hamper competition

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Báo Dân Trí English 15 month(s) ago

State-owned enterprises hamper competition

The large number of state-owned firms investing in non-core businesses hampers competition from the private sector, according to economists.

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Restructuring public investment a must

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Báo QĐND English 18 month(s) ago

Restructuring public investment a must

The Prime Minister has recently asked ministries, agencies and localities to tighten management of State capital sources in an effort to stop scattered investment and optimize the efficiency of State-funded projects.

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Restructuring public investment a must

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VOV News English 18 month(s) ago

Restructuring public investment a must

(VOV) - The Prime Minister has recently asked ministries, agencies and localities to tighten management of State capital sources in an effort to stop scattered investment and optimize the efficiency of State-funded projects.

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Investment efficiency improved in first half

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Báo điện tử CP English 24 month(s) ago

Investment efficiency improved in first half

VGP - The investment-GDP ratio in Việt Nam stood at 38.3% in the first half of this year while economic growth stood at 5.57%, resulting in the incremental capital-output ratio (ICOR) of 6.9, lower than the ratio of 7.38 last year. The figure reflected improvement in investment efficiency.

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Developers try to revive apartment sales

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VietnamNet English 29 month(s) ago 1 duplicate news

Developers try to revive apartment sales

VietNamNet Bridge - Real estate investors are racing to introduce promotions and discount programmes to spur the sluggish apartment sector in the country's southern economic hub.

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Ministry calls for less public investment

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VietnamPlus English 30 month(s) ago 2 duplicate news

The Government should reduce public investment to 3.5 percent of the GDP this year, the Ministry of Planning and Investment has said.

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Ministry calls for less public investment

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VietNam News English 30 month(s) ago

The Government should reduce public investment to 3.5 per cent of the GDP this year, the Ministry of Planning and Investment has said.

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Vietnam pays too much for growth: experts

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Báo Tuổi Trẻ English 31 month(s) ago

The country has had to pay a lot for its fast growth, Pham Chi Lan, an economist, told Tuoi Tre, pointing out natural resources, high investment costs, environment pollution and a high incremental capital output ratio are among the problems that need to be addressed.

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Increase in VND interest rate controlled

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Nhân dân English 31 month(s) ago 1 related news

Increase in VND interest rate controlled

Nhan Dan – Deposit rates for VND, offered by commercial banks, have continuously increased to reach high levels in recent days, especially for one-month terms.

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Getting to grips with a growing threat

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Báo Đầu Tư English 35 month(s) ago

Getting to grips with a growing threat

Vietnam’s double-digit inflation rate is the most pressing issue impacting on social and economic development. But, what are the main factors driving inflation and how effective has the government been in handling it?

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Restructuring the national economy

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VOV News English 36 month(s) ago 1 related news

Restructuring the national economy

Restructuring the national economy will play a decisive role in helping Vietnam achieve steady and sustainable growth, says Prime Minister Nguyen Tan Dung.
According to economists, restructuring the product categories should focus on giving priority to core products and avoiding failures made by other sectors, such as the automobile industry. The lack of viable support industries has led to a low percentage of domestic inputs. Vietnam does not yet have good support industries for its key export items, such as...

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Overspending- concern over budget control

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VOV News English 38 month(s) ago

Overspending- concern over budget control

Budget overspending from 6.9 percent of GDP in 2009 which is estimated to drop 5 percent in 2010 still presents difficulties for the Government in managing this year’s State budget.
According to the Government’s report, several new factors could also destablise the macrcoeconomy, therefore, top priority must be given to ensure stability so the national economy can grow in a sustainable manner.
In recent years, Vietnam’s budget overspending has always been at a high level, accounting for 5 percent of...

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NA deputies discuss state-owned groups’ business

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VietnamNet English 45 month(s) ago 1 related news

NA deputies discuss state-owned groups’ business

According to the report, 47 State-owned corporations and groups are investing in banking, securities, insurance and contribute capital to investment funds. The total capital they invested in the finance sector by the end of 2008 was over 21.1 trillion billion ($1.18 billion). However, the Incremental Capital-Output Rate or ICOR of almost groups and corporations in this field is lower than their investment in their major business.

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