6.5 percent GDP growth needed to avoid deflation: expert

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VietnamPlus English 6 day(s) ago

Vietnam needs to attain a gross domestic product (GDP) growth rate of at least 6.5 percent to steer clear of deflation risks, an expert said on June 30 given the slowing inflation rate over the past year.

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Singapore’s economic growth projections kept at 2.7 percent

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VietnamPlus English 2 week(s) ago

Economists have slightly lowered their forecasts for Singapore’s 2015 growth to 2.7 percent from the earlier 2.8 percent, according to a survey conducted by the Monetary Authority of Singapore (MAS).

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The shadow of inflation looms over economy

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VietnamNet English 3 week(s) ago

The shadow of inflation looms over economy

VietNamNet Bridge - It is expected that Vietnam’s GDP growth rate will be 6.1-6.3 percent this year. Under looser monetary policies, the inflation rate could increase, which would interfere with macroeconomic stability in 2016.

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SBV in dilemma in regulating monetary policies

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VietnamNet English 1 month(s) ago

SBV in dilemma in regulating monetary policies

VietNamNet Bridge - The trade deficit figures reported in mid-May and the consumer price index (CPI) could cause difficulties for the State Bank in monetary policies.

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Bank of Thailand: Thai economy not in deflationary period

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VietnamPlus English 1 month(s) ago

The Bank of Thailand (BOT) has insisted the Thai economy has yet to enter a deflationary period despite negative inflation for five months in a row.

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Vietnam Economic Report 2015 announced

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VietnamNet English 1 month(s) ago 1 related news

The Vietnam Economic Report (VER) 2015 gives two scenarios for growth and inflation. Accordingly, growth may reach 6.1% and inflation will cap-off at 1.9% (scenario 1) or an overall growth of 6.3% with an inflation rate of 3.2% (scenario 2).

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Vietnam Economic Report 2015 announced

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

Vietnam Economic Report 2015 announced

(VOV) - The Vietnam Economic Report (VER) 2015 gives two scenarios for growth and inflation. Accordingly, growth may reach 6.1% and inflation will cap-off at 1.9% (scenario 1) or an overall growth of 6.3% with an inflation rate of 3.2% (scenario 2).

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Businesses fear dong depreciation will increase capital costs

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VietnamNet English 1 month(s) ago

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

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IMF: Philippine growth to lead Southeast Asia

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VietnamPlus English 3 month(s) ago

The Philippine economy will be the fastest-growing in Southeast Asia this year on the back of more proactive government spending, the International Monetary Fund (IMF) said.

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HCM City remains upbeat about economic growth

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VOV News English 3 month(s) ago 1 related news

HCM City remains upbeat about economic growth

Ho Chi Minh City saw strong results in total retail sales and service revenues while successfully curbing its inflation rate in the first quarter, figures which are likely to trigger economic growth in the city over the next few months, said the municipal People’s Committee at a late March meeting.

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HCM City remains upbeat about economic growth

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VietnamPlus English 3 month(s) ago 1 related news

HCM City remains upbeat about economic growth

Ho Chi Minh City saw strong results in total retail sales and service revenues while successfully curbing its inflation rate in the first quarter, figures which are likely to trigger economic growth in the city over the next few months, said the municipal People’s Committee at a late March meeting.

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VN needs to boost reforms for higher growth rate

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Báo điện tử CP English 3 month(s) ago 1 related news

VN needs to boost reforms for higher growth rate

VGP – Viet Nam’s Gross Domestic Product (GDP) growth will reach 6.1% in 2015 and 6.2% in 2016, according to the Asian Development Outlook (ADO) 2015 released by the Asian Development Bank (ADB).

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March CPI increases 0.15 percent

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SaiGon GP English 3 month(s) ago

According to the General Statistics Office, the Consumer Price Index (CPI) in March increased 0.15 percent against last month and 0.93 percent over last March.

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Banks slash deposit rates early March

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Báo Đầu Tư English 3 month(s) ago 1 related news

Banks slash deposit rates early March

Numerous banks are lowering their interest rates for depositors, citing low inflation, an intended drop in lending rates and ample liquidity as major reasons.

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Growth in 2016-2020 unlikely to surpass 6%

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

Growth in 2016-2020 unlikely to surpass 6%

The country's average annual economic growth rate for the 2016 to 2020 period is unlikely to exceed 6% due to little improvement in growth motivation.

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