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WB Country Director: Productivity growth named momentum for economic development

Vietnam Development Forum (VDF) held in Hanoi today focused on productivity growth, a key requirement for Vietnam's medium-term development prospects.

National Assembly concerns about plans to apply property tax on a pilot basis in Hochiminh City

Nearly all National Assembly members agreed to apply new regulations for Hochiminh City (HCMC) on a pilot basis, but doubts remain over property taxation.

Wave of SOEs Equitization drives up Vietnam stocks

In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.

Vietnam's manufacturing PMI dropped to 51.6 in October to put pressure on rebound over the rest of year

“Growth will need to rebound from October's slowdown over the rest of 2017 to help meet the GDP target of 6.7 per cent growth,” said Andrew Harker, associate director at IHS Markit.

FDI attraction hit record growth and GDP growth rate reached 7.46% in the third quarter

On the afternoon of September 28, Deputy Prime Minister Vuong Dinh Hue chaired a meeting of the National Financial and Monetary Policy Advisory Council on assessing the macroeconomic indicators in the third quarter and the first 9 months of 2017.

GDP growth target in reluctance

Imposing targets for each ministry can pose some negative impacts on the economy, as it does not create any motivation for the development of economic sectors.

Inflation expected at 2.6 per cent this year

The country’s inflation this year is forecast to reach 2.6 per cent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on Monday.

MPI: Growth target challenging but attainable

Minister tells NA that 6.7% target remains within reach.

Private Equity firms remain bullish despite slowdown concerns

Notwithstanding the question marks over Vietnam’s economic growth, private equity firms continue to remain bullish about the country’s investment landscape. For local and regional players, this is an opportunity to exit to global players looking to expand in the country.

Vietnamese lawmaker worries growth obsession will foster mining-dependent economy

The government plans to maintain GDP growth this year by excavating more crude oil.

Stock indexes
1,493.03 -7.78 -0.52
Volume: 1,060,467,059 Value: 35,414 (Billions VNĐ)
458.78 -0.89 -0.19
Volume: 147,324,389 Value: 3,938 (Billions VNĐ)
114.34 -0.27 -0.24
Volume: 213,609,047 Value: 2,803 (Billions VNĐ)
1,566.55 -5.91 -0.38
Volume: 286,506,800 Value: 13,740 (Billions VNĐ)