Moody’s considers raising ratings for VN’s banks

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Báo điện tử CP English 2 week(s) ago

VGP – The Moody’s has issued a press announcement on considering raising the ratings for some Vietnamese commercial banks.

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EIU: Vietnam determined to promote tourism

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Báo Đầu Tư English 2 week(s) ago

EIU: Vietnam determined to promote tourism

Vietnam has deployed drastic measures to boost tourism in an effort to turn it into an important pillar of the economy, according to an analysis of the Economist Intelligence Unit (EIU) under the UK-based Economist Group released on September 3.

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Each Vietnamese to bear additional US$180 of public debt by year end

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Báo Dân Trí English 1 month(s) ago

Each Vietnamese to bear additional US$180 of public debt by year end

From now until the end of the year, total public debt could reach VND3,000,000 billion (US$134.5 billion) and each Vietnamese will shoulder an additional VND4 million (nearly US$180) of public debt.

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Vietnam commits to green growth

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Báo Dân Trí English 1 month(s) ago

Vietnam commits to green growth

Urbanisation in Vietnam reached 15 per cent growth – a double increase over past two decades, making a 75 per share of the country’s Gross Domestic Product (GDP), but it needs a big change in earning ‘green growth’ over the next period.

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Moody’s cautious on GDP growth, warns of credit bubble

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VietStock FI English 1 month(s) ago

Global credit rating agency Moody’s Investors Services said yesterday that Cambodia’s B2/stable sovereign credit rating was supported by its robust economic growth and modest debt burden, but its narrowly focused industrial sector and low incomes were weighing on overall economic strength. In addition, the fast pace of credit growth, though slowing over the last year, could pose financial stability risks.

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Exports meet half of target for seven months

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SaiGon GP English 1 month(s) ago

Exports meet half of target for seven months

Export growth rate reached 5.3 percent meeting only half of 10 percent target set early this year in the first seven months and lower 9.2 percent during the same period last year, reported the Ministry of Industry and Trade.

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Singapore lowers 2016 GDP forecast

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SaiGon GP English 1 month(s) ago

Singapore lowers 2016 GDP forecast

According to the Singaporean Ministry of Trade and Industry (MTI) that Singapore has lowered its economic growth forecast for 2016 to between 1-2 percent, down from the initial range of 1-3 percent, reported by Vietnam News in Singapore.

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HSBC predicts 6.3% growth

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Báo Dân Trí English 1 month(s) ago

HSBC has put Vietnam’s GDP growth at 6.3 per cent in 2016 and 6.6 per cent in 2017 in its Vietnam at a Glance report released on August 9.

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PM devises measures for tourism to contribute 10% to GDP

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Báo Dân Trí English 1 month(s) ago

PM devises measures for tourism to contribute 10% to GDP

Prime Minister Nguyen Xuan Phuc on August 9 chaired a national conference on tourist development in Hoi An city, central Quang Nam province.

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Standard Chartered revises growth forecast downwards

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Báo Dân Trí English 1 month(s) ago

Standard Chartered Bank (SCB) has lowered its GDP growth forecast for Vietnam in 2016 to 6.0 per cent, 0.9 per cent lower than the forecast it made at the beginning of year, according to its report released on August 9.

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Business highlights – August 1-7

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Báo điện tử CP English 1 month(s) ago

VGP – Viet Nam's participation in ASEAN trade, investment meetings in Laos, GDP growth forecast of 6.14% in the third quarter, positive signs in export-import, and deposit interest rate rise are economic highlights from August 1-7.

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Mobile Internet to contribute US$5.1 bln to VN’s GDP

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Báo điện tử CP English 1 month(s) ago

Mobile Internet to contribute US$5.1 bln to VN’s GDP

VGP - Research recently conducted by Oxford Economics says that the mobile internet sector may contribute US$5.1 billion to Viet Nam from 2015 to 2020, equivalent to 6.2% of the country’s gross domestic products (GDP) growth forecast.

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Mobile internet to boost GDP

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Báo Đầu Tư English 1 month(s) ago

Mobile internet to boost GDP

Research recently conducted by Oxford Economics says that the mobile internet sector may contribute US$5.1 billion to Viet Nam from 2015 to 2020, it was revealed at a workshop yesterday.

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Government resolved for highest GDP growth

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Báo Dân Trí English 1 month(s) ago

Government resolved for highest GDP growth

The Government is determined to weather all setbacks and challenges to attain the highest possible economic growth, Prime Minister Nguyen Xuan Phuc stated at the first regular meeting of the 2016-2021 Government in Hanoi on August 1-2.

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Re-elected PM’s messages at swearing-in ceremony

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Báo Dân Trí English 2 month(s) ago 1 duplicate news

Re-elected PM’s messages at swearing-in ceremony

Legislators of the newly-formed National Assembly on Tuesday re-elected Mr. Nguyen Xuan Phuc as Prime Minister of Vietnam in the tenure 2016-2021 with 485 approval votes, or 98.18%.

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