Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy
Nepal rastra bank exchange rate of today
Vietnam – one of fastest growing economies: WB
Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB
New Zealand media: Vietnam – the time has come
Hanoi (VNA) – Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18. In the article, the author cited data from the World Bank as saying that the country’s gross domestic product (GDP) grew by 7 percent in 2019, similar to 2018, one of the fastest growth rates in the region. It is argued that if Vietnam can maintain a 7 percent increase in economic growth over the next decade, the country will follow the same trajectory as the previous "Asian Tigers,” according to the article. International trade was also progressively liberalised, with the signing of various free trade agreements, it said, adding that the World Bank now considers Vietnam one of the most dynamic emerging … [Read more...] about New Zealand media: Vietnam – the time has come
Health ministry, VMA sign partnership agreement on breast cancer treatment in VN
“The implementation of the project on improving access to innovative therapies for high-risk breast cancer patients in the 2020-25 period” will contribute to the overall goal of the National Strategy on prevention and control of non-communicable diseases, including cancer. As this project is implemented nationwide with cooperation between all levels of health departments and agencies, it is expected to bring positive and sustainable changes, leading to the improvement of Việt Nam's capability to respond to cancer," said Huấn. … [Read more...] about Health ministry, VMA sign partnership agreement on breast cancer treatment in VN
HCM City to build new hospitals in next 5 years
The city’s medical sector will build new infrastructure for three general hospitals in Hóc Môn, Củ Chi and Thủ Đức districts, and will build or renovate infrastructure for three international-standard general and specialist hospitals: Nhân dân Gia Định, An Bình and Bình Dân. … [Read more...] about HCM City to build new hospitals in next 5 years