Vietnam’s long-term growth performance: a comparative perspective

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Báo Thanh Niên English 6 hour(s) ago

Vietnam’s long-term growth performance: a comparative perspective

Vietnam has achieved remarkably high and inclusive GDP growth since the late 1980s. GDP growth per capita increased three-and-a-half-fold during 1991-2012, a performance surpassed only by China. The distribution of growth has been as remarkable as its pace: the bottom 40 percent of the population’s share in national income has remained virtually unchanged since the early 1990s, ensuring that the rapid income gains got translated into shared prosperity and significant poverty reduction.

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Vietnam cbank moots $94k individual home loans for decent income public servants

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Báo Tuổi Trẻ English 11 hour(s) ago

Vietnam cbank moots $94k individual home loans for decent income public servants

Vietnam’s central bank is studying the feasibility of offering a new home loan package that would allow public servants with a stable income to borrow up to VND2 billion (US$94,135) each at preferential interest rates to purchase condominiums or terraced houses.

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1mil public servants declare personal assets, only one penalized for dishonesty

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VietnamNet English 1 day(s) ago

VietNamNet Bridge - More than 944,000 officials and public servants had to declare their assets, but only five cases were verified and only one was punished for dishonesty, according to a Government Inspectorate report released on September 15.

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Australia provides AUD1.4 mil to develop fruits in northwest region

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VOV News English 3 day(s) ago

Australia provides AUD1.4 mil to develop fruits in northwest region

(VOV) - Increasing income for small households in the mountainous north-western region by enhancing competitiveness and market approach for temperate zone fruits.

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Experts urge Vietnam to aim higher with tobacco tax

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Báo Thanh Niên English 4 day(s) ago

Experts urge Vietnam to aim higher with tobacco tax

Experts say Vietnam should raise its tax on tobacco beyond the Ministry of Finance's modest plan in order to curb smoking and raise much-needed funds.

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Finance ministry seeks to remove advertising cap

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VietNam News English 4 day(s) ago 1 related news

The Finance Ministry will present a proposal to the National Assembly next month for the removal of some unsuitable taxes, fees and rules.

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CIRDAP examines regional rural development in Hanoi

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VOV News English 4 day(s) ago 1 related news

CIRDAP examines regional rural development in Hanoi

(VOV) - Officials from the Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) Technical Committee gathered in Hanoi on September 15 to discuss issues related to agricultural and rural development.

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Vietnamese spend big money on luxury goods, live on borrowed funds

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VietnamNet English 6 day(s) ago

Vietnamese spend big money on luxury goods, live on borrowed funds

VietNamNet Bridge – A report says two-thirds of Vietnam’s GDP comes from individual consumption, including purchases made by Vietnamese smitten with luxury goods.

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FMCG consumption in Vietnam cities remains stagnant: report

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Báo Thanh Niên English 1 week(s) ago

FMCG consumption in Vietnam cities remains stagnant: report

Consumption of fast-moving consumer goods - products that are sold quickly at relatively low cost such as soft drinks, toiletries, over-the-counter drugs, toys and processed foods - in Vietnam's urban areas continues to suffer from stagnant growth, according to a market report.

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UNDP calls for stronger social assistance

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VietNam News English 1 week(s) ago

A recent United Nations report ranked Viet Nam 121st out of 187 countries and territories in terms of human development, putting the country in the medium category.

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Minister of Construction urges more low-income housing

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Báo Đầu Tư English 1 week(s) ago 1 related news

Minister of Construction urges more low-income housing

Minister of Construction Trinh Dinh Dung has asked contractors to prioritise invests in low-income housing projects, as 90% of citizens can only afford the homes in this sector.

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Minister of Construction urges more low-income housing

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Báo Dân Trí English 1 week(s) ago 1 related news

Minister of Construction urges more low-income housing

Minister of Construction Trinh Dinh Dung has asked contractors to prioritise invests in low-income housing projects, as 90% of citizens can only afford the homes in this sector.

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World Bank urges Vietnam to accelerate growth

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Báo Thanh Niên English 1 week(s) ago

World Bank urges Vietnam to accelerate growth

Vietnam should strive for an economic growth rate of nine percent in the next two decades to catch up with South Korea and Taiwan and avoid the middle-income trap, according to the World Bank.

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FPT wins US$6.6 mln contract in Bangladesh

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VOV News English 1 week(s) ago

FPT wins US$6.6 mln contract in Bangladesh

(VOV) - FPT IS, an information system affiliate of the Corporation for Financing and Promoting Technology (FPT), has been awarded a US$6.6 million contract to supply and implement an integrated income tax management system for Bangladesh.

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Dong Thap becomes an attractive investment destination in Mekong delta region

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VietnamPlus English 1 week(s) ago

With the dynamic leadership of the local authorities, Dong Thap province has become one of the most popular investment destinations in the Mekong Delta region. Deputy Director of the Dong Thap Department of Planning and Investment Ngo Hong Chieu spoke with the Vietnam Business Forum Magazine (VBF) about provincial investment results and its policies to lure more investors to pour their money into the province.

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