Burgeoning offshore deposits no cause for alarm

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Báo Đầu Tư English 5 day(s) ago

Burgeoning offshore deposits no cause for alarm

The other investment account in Vietnam’s balance of payment (BOP) that was bolstered up to a whooping $7.3 billion in the third quarter last year was not something unusual or alarming. Eugenia Victorino, ANZ Banking Group’s economist for the ASEAN and Pacific region, explains the phenomenon to VIR’s Trang Nguyen.

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ECB dismisses German criticism, says policies working

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Báo Đầu Tư English 1 week(s) ago

ECB dismisses German criticism, says policies working

The European Central Bank on Thursday dismissed German criticism of its monetary policy, insisting its benefits would take time to unfold, while bank chief Mario Draghi also said Britain's membership in the EU was "mutually beneficial."

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Victoria Kwakwa appointed WB Vice President for East Asia and Pacific Region

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Báo Dân Trí English 2 week(s) ago

Victoria Kwakwa appointed WB Vice President for East Asia and Pacific Region

World Bank Group President Jim Yong Kim has appointed Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific, effective on April 15.

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Quarter of state budget earmarked for debt repayments

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Báo Dân Trí English 2 week(s) ago

Quarter of state budget earmarked for debt repayments

Vietnam is forecast to use up a quarter of the state budget for debt repayments in 2016 and this rate may reach a record high between 2022 and 2025, said a local economist.

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Who will lose out when Vietnam's government increases borrowing?

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Báo Thanh Niên English 2 week(s) ago

Who will lose out when Vietnam's government increases borrowing?

Financing has always been one of the biggest issues for businesses in Vietnam, but economists now warn that it can be even much harder for the private sector to secure bank loans in the months ahead because of a major cash-thirsty competitor: the government.

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World Bank expert talks down fears over rising public debt

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Báo Dân Trí English 2 week(s) ago

World Bank expert talks down fears over rising public debt

Vietnam's public debt may quickly exceed the ceiling set at 65% of GDP, which will result in the national economy's budget risks, warned a World Bank economist.

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An inconvenient truth about free trade

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Báo Thanh Niên English 1 month(s) ago

An inconvenient truth about free trade

It’s easy to scoff at the anti-free-trade rhetoric emanating from the U.S. presidential campaign trail. Donald Trump keeps yelling about China, Mexico, and Japan. Bernie Sanders won’t stop shouting about greedy multinational corporations. Hillary Clinton, Ted Cruz, and John Kasich are awkwardly leaning in the same direction. If you’re a typical pro-trade business executive, you’re tempted to ask: Were these people throwing Frisbees on the quad during Econ 101? A recent article in the National Review expressed disdain by blaming...

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China overcapacity darkens Asia's 2016 growth prospects: ADB

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Báo Thanh Niên English 1 month(s) ago

China overcapacity darkens Asia's 2016 growth prospects: ADB

Huge industrial overcapacity in China will drag on both the country's and the region's growth this year, the Asian Development Bank said Wednesday, cutting its forecast for the world's second-largest economy.

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Consider debt cut through debt-to-equity swaps

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Báo Đầu Tư English 1 month(s) ago

Consider debt cut through debt-to-equity swaps

Bad debts in Vietnam have continued to add up without any effective solution to cope with them. VinaCapital chief economist Alan Pham talks with VIR’s Trang Nguyen about why he thinks it is a good idea to adopt debt-to-equity swaps to reduce the number of non-performing loans piling up at the Vietnam Asset Management Company.

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Vietnam inflation up sharply in first quarter

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Báo Thanh Niên English 1 month(s) ago

Vietnam inflation up sharply in first quarter

Vietnam's inflation rate rose sharply in the first quarter of 2016 according to official figures released Thursday, a turnaround for the communist country which saw inflation dwindle to zero last year.

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FDI and Vietnam’s right to choose investors

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VietnamNet English 1 month(s) ago 1 related news

FDI and Vietnam’s right to choose investors

VietNamNet Bridge - Foreign investors have been flocking to Vietnam as they can see great opportunities here. Vietnam needs to use the right to choose investors in the best way so as to fully exploit foreign direct investment (FDI), experts say.

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Vietnam 2035 report: the news behind the scenes

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VietnamNet English 2 month(s) ago 7 related news

Vietnam 2035 report: the news behind the scenes

VietNamNet Bridge - Pham Chi Lan, a renowned economist, talked before the business community on February 24 about how the Vietnam 2035 report was prepared.

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Moody's cuts China outlook on eve of NPC, cites reform, fiscal risks

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Báo Thanh Niên English 2 month(s) ago

Moody's cuts China outlook on eve of NPC, cites reform, fiscal risks

Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities' capacity to implement economic reforms, rising government debt and falling reserves.

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Economists slam PetroVietnam's tax break proposal for Dung Quat refinery

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Báo Thanh Niên English 2 month(s) ago

Economists slam PetroVietnam's tax break proposal for Dung Quat refinery

State-owned oil giant PetroVietnam has provoked strong criticism with a new petition demanding for tax breaks for the country's sole refinery Dung Quat, an underperforming business project that many economists believe does not deserve more support.

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Japan inflation seen remaining listless, no respite for Bank of Japan

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Báo Thanh Niên English 2 month(s) ago

Japan inflation seen remaining listless, no respite for Bank of Japan

Japan is expected to report next week that core consumer prices were unchanged in January from a year earlier, halting a brief rise in the previous two months, a Reuters poll showed, adding to doubts about policymakers' ability to reflate the economy.

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