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ICAEW: 2017 expansion during some-more than 6.5%

Stronger trade enlargement and a continued arise in investment endorse that Vietnam’s GDP enlargement will go behind to above 6.5 per cent in 2017 after a slack to 6.2 per cent in 2016, experts from a Institute of Chartered Accountants in England Wales (ICAEW) have forecast. According to a  South East Asia  Q2 report, launched ... Read More »

HSBC: Growth in handling conditions in production zone ongoing

Operating conditions in a production zone – Vietnam’s bedrock – indicate to ongoing growth, with output, employment, and new orders – both altogether and abroad – stability to expand, according to HSBC’s Vietnam during a Glance news for Mar to May expelled on Jun 13. The bank is concerned, however, that a soothing patch might be around a corner, given ... Read More »

E-hailing cab projects not stopped, says ministry

The Ministry of Transport on Tuesday simplified on a website that it has not released any instructions to stop a commander doing of newcomer e-hailing projects such as Grab and Uber. A user calls a cab around Grab application.  The method released a note after several online newspapers published reports recently that a commander e-hailing plan has been halted. As ... Read More »

Rocky road

Since a predicament in 2012, when sum bad debts, mostly in a genuine estate sector, strike VND280 trillion ($12.5 billion), homogeneous to a towering 11 per cent of GDP, Vietnam’s banking zone has been aggressively restructuring a operations, care and loan books in response to a vast series of non-performing loans (NPLs) plaguing a industry. Most if not all banks ... Read More »

Railway ascent aims to win behind passengers

VietNamNet Bridge – Viet Nam Railways Corporation Chairman Vu Anh Minh tells Tuoi tre (Youth) that a zone skeleton to promote private investment towards improving a products and services. Vu Anh Minh What will a railway zone do to get passengers it has mislaid to highway or atmosphere ride since a railway infrastructure and services unsuccessful to accommodate their demands? ... Read More »

Vietnam’s steel exports face tough trade barriers

VietNamNet Bridge – Steel manufacturers are confronting bigger barriers, trade remedies and measures to shorten imports from vital markets. However, exports are approaching to strech $3 billion this year. The Vietnam Steel Association (VSA) has asked domestic steel manufacturers to variegate trade markets instead of focusing on certain markets, that causes pointy increases in exports to those markets. The ask ... Read More »

Many energy companies to go public

Many electricity companies and projects invested by a Vietnam Electricity Group (EVN) will be privatized, as a State will say infancy stakes in certain primary businesses in a sector, according to a master devise for restructuring enterprises of a organisation in 2017-2020. The State will continue to possess 100% of a primogenitor association and some vast hydropower companies such as ... Read More »

Expressway construction in Vietnam costlier than elsewhere

The normal cost of a kilometer of expressway in Vietnam is about US$12 million, distant aloft than in other countries. A perspective of HCMC-Trung Luong Expressway. The normal expressway construction cost in Vietnam is about US$12 million per kilometer, distant aloft than in other countries As Minister of Transport Truong Quang Nghia was grilled during a ongoing National Assembly session, ... Read More »

Vietnam’s acceleration projected to dump to next 3 percent in 2017

Market investigate organisation MarketIntello has foresee that Vietnam’s acceleration might tumble to next 3 percent, reduce than a rate of 3.8 percent it likely final month. The CPI decreased 0.53 percent in May compared with April, pulling acceleration down to 3.19 percent, a lowest given Sep 2016. According to a company’s latest macro-economy report, a acceleration rate was trending downward ... Read More »