Singapore lowers 2016 GDP forecast

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SaiGon GP English 2 week(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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Prices fall at the pump as new fuel caps set

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VietStock FI English 2 week(s) ago

The government lowered the price ceiling on retail fuel products across the board in its latest scheduled revision, setting new price caps effective August 12 to 21, the Ministry of Commerce announced yesterday.

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Standard Chartered revises growth forecast downwards

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Báo Dân Trí English 2 week(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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World Bank cuts Vietnam growth forecast to 6 percent

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Báo Thanh Niên English 1 month(s) ago

World Bank cuts Vietnam growth forecast to 6 percent

The World Bank has lowered its forecast for Vietnam’s economic growth in 2016 to 6 percent, down from its previous projection of 6.2 percent in April.

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ADB trims 2016 growth forecast for developing Asia on weak global outlook

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Báo Thanh Niên English 1 month(s) ago

ADB trims 2016 growth forecast for developing Asia on weak global outlook

The Asian Development Bank lowered its 2016 growth forecast for developing Asia on Monday, citing the slowing U.S. economy and near-term shocks from Britain's decision to leave the European Union.

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Duterte’s team cuts Philippine growth target, widens budget gap

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Báo Thanh Niên English 1 month(s) ago

Duterte’s team cuts Philippine growth target, widens budget gap

The economic team of Philippines’ newly installed President Rodrigo Duterte lowered growth targets and projected a wider budget deficit as tax revenue disappoints.

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Prices at the pump fall on new fuel price caps

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VietStock FI English 2 month(s) ago

The Ministry of Commerce yesterday marginally lowered the price caps on fuel sold at retail petrol stations across the Kingdom from June 22 to July 1.

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Fuel prices steadily increase

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VietStock FI English 3 month(s) ago

Fuel prices steadily increase

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels.

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Thailand takes over China, S Korea in Vietnam's car market: customs

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Báo Thanh Niên English 4 month(s) ago

Thailand takes over China, S Korea in Vietnam's car market: customs

Thailand has emerged as the new champion in the Vietnamese car market with a 30 percent share, thanks in most part to a new regional free trade agreement that has cut import tariffs and lowered prices.

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Vietnam's H1 2016 rice exports may edge up despite output fall

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam's H1 2016 rice exports may edge up despite output fall

Vietnam could export more than 3 million tonnes of rice in the first half of 2016, up 12 percent from the previous year, on rising demand from China and other Southeast Asian nations, amid supply concerns caused by drought, the government said on Friday.

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Vietnam’s H1 2016 rice exports may rise 12 pct from year ago

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Báo Thanh Niên English 4 month(s) ago

Vietnam’s H1 2016 rice exports may rise 12 pct from year ago

Vietnam could export more than 3 million tons of rice in the first half of 2016, up 12 percent from a year ago, on rising demand from China and other Southeast Asian nations amid supply concerns caused by drought, the government said on Friday.

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Jailed Vietnamese entertainer could seek lower bail at US arraignment: lawyer

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Báo Tuổi Trẻ English 4 month(s) ago

Jailed Vietnamese entertainer could seek lower bail at US arraignment: lawyer

A disgraced Vietnamese comedian can have his bail lowered during an arraignment in the U.S. this week after he was arrested last month on child molestation charges, according to a California-based attorney.

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World Bank sees sustained East Asia growth despite global rout

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Báo Thanh Niên English 5 month(s) ago 1 related news

World Bank sees sustained East Asia growth despite global rout

Growth in developing economies in East Asia is holding up despite tough global conditions and a slowdown in China, according to the World Bank.

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Philippines cuts 2016 growth goal as Asia braces for volatility

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Báo Thanh Niên English 6 month(s) ago

Philippines cuts 2016 growth goal as Asia braces for volatility

The Philippine government lowered economic growth targets for this year, joining Asian nations in bracing for mounting global risks that’s damping demand for the region’s exports.

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Petrol price down 730 dong per liter on February 3

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SaiGon GP English 7 month(s) ago

The Ministry of Finance issued an instruction to ask local fuel trading firms in Vietnam to cut the fuel prices no sooner than 3PM yesterday.

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