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Vietnam's bad debt down to 2.9 pct in 2015
Bad debt within the Vietnamese banking system fell to 2.9 percent of outstanding loans at the end of 2015 from 3.7 percent a year before, according to the annual financial report released on March 14 by the government's National Financial Supervisory Commission.
Vietnam falls short of socio-economic development targets for 2011-2015
Vietnam’s economic growth, budget deficit, productivity, employment and innovation failed to reach the targets set for the 2011-2015 tenure, according to Deputy Prime Minister Nguyen Xuan Phuc.
Vietnam targets GDP growth of 7 percent over next 5 years
Vietnam expects average economic growth of 6.7 percent – 7 percent in the next five years, said the National Assembly on Tuesday in a resolution on the 2016–2020 socio-economic development plan.
April 12, 2016 | 01:12 am PT
China growth hopes reduce urgency of more stimulus steps, policy advisers say
China's leaders sound more confident that the world's second-largest economy has arrested a slide in growth to quarter-century lows, but their policy advisers caution it is too early to call an end to a cycle of easing that began in 2014.
April 18, 2016 | 05:44 pm PT
Hong Kong stocks fall to 3-week low amid growth, deflation worries
Hong Kong shares fell to a three-week closing low on Wednesday, tracking sluggish trading in Asian markets as worries about global growth and creeping deflation resurfaced.
May 4, 2016 | 03:07 am PT
Global market wrap up: Dollar firms, weaker yen boosts Nikkei
Asian shares got off to a weak start on Tuesday, pressured by weaker crude oil prices, though Japanese shares got a tailwind as the dollar stood tall against the yen. China inflation data awaited after downbeat trade figures. Euro edges up slightly.
May 9, 2016 | 05:41 pm PT
China April consumer inflation steady at 2.3 pct y/y, below forecasts
China's consumer prices rose 2.3 percent in April from the same period last year, the same pace as in March and slightly less than markets had expected, data showed on Tuesday.
May 9, 2016 | 05:52 pm PT
Economic institute predicts Vietnam's GDP growth at 6.17 pct in Q2
Vietnam’s GDP growth for Q2/2016 is forecast to reach 6.17 percent while inflation is expected to rise 0.73 percent compared to last quarter, according to the Central Institute for Economic Management (CIEM) under the Ministry of Planning and Investment.
May 13, 2016 | 03:46 am PT
Global markets wrap up: Revived Fed hike expectations send Asian shares lower
Asian shares stepped back on Wednesday after strong U.S. inflation data and comments from Federal Reserve officials rekindled the prospects of the central bank raising rates later this year.
May 17, 2016 | 07:58 pm PT
China consumer inflation rises in May
Deflationary pressures in Chinese industry eased in May while consumer inflation remained relatively steady, official data showed Thursday, leaving authorities room for further policy easing to boost growth.
June 8, 2016 | 08:49 pm PT
Vietnam sets economic targets for 2017
Vietnam aims to reach an annual economic growth rate of 6.8 percent next year through higher labor productivity and competitive capacity, according to the framework of a socio-economic development plan for 2017 laid out by the Ministry of Investment and Planning.
June 22, 2016 | 03:41 am PT
Inflation rises following higher transportation costs
The June consumer price index (CPI) in Vietnam advanced 0.46 percent from May, according the data from the statistics office released on Friday.
June 23, 2016 | 07:16 pm PT
Vietnam's central bank grapples to fight inflation
The State Bank says will tread carefully on any changes to monetary policy.
July 26, 2016 | 08:48 pm PT
Vietnam battles to hit 6.7 pct growth goal
Economic slow-down is threatening to scupper the government's annual target.
July 28, 2016 | 08:01 pm PT
Vietnam delays health care cost hikes amid rising inflation
Soaring prices of medicine and other medical services have pushed up inflation in the first half.
August 1, 2016 | 08:50 pm PT
Higher food, petrol prices fuel Vietnam’s inflation: HSBC
Vietnam's ambitious economic growth target is likely to put more pressure on the economy.
September 28, 2016 | 11:54 pm PT
Vietnam’s credit growth up 10.6 percent in first nine months
The credit growth target of 18-20 percent could be difficult to reach this year.
October 7, 2016 | 02:49 am PT
Inflation speeds up in Vietnam on higher healthcare costs
Officials say energy prices may soon rise due to an anticipated cut in global oil output.
October 28, 2016 | 08:33 pm PT
Vietnam sets goal of 6.7 percent economic growth for next year
Legislators eye a recovery after the economy cooled off in the first half of 2016.
November 7, 2016 | 11:00 am PT
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