Le Viêt Nam, aujourd'hui

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mardi 13 septembre 2011

Vietnam's major state firms face big losses

Several state-owned companies in Vietnam face multi million dollar losses this year and have had trouble securing financing, a state-run newspaper quoted the body that oversees the state sector as saying.

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Vietnam urged to pick up slack in economic reforms

International development partners including the World Bank and the International Monetary Fund have urged the government to remain focused on reforming the economy to break the pattern of recurring instability.

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jeudi 8 septembre 2011

Vietnam taps reserves but Dong still likely to slide

The dong looks stuck for now with the unappealing title of Asia's worst performing currency, despite moves by the central bank to dip into foreign reserves to bolster it.

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mardi 6 septembre 2011

Vietnam to balance inflation control and growth

Prime minister Nguyen Tan Dung has said for the rest of the year, Vietnam would continue to tighten monetary policy while allowing room for growth.

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lundi 5 septembre 2011

Vietnam inflation reaches 23pct in August

Vietnam's inflation reached an annual rate of 23 percent this month, official estimates said Wednesday, adding to a year-long price spiral that has hurt businesses and consumers alike.

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S&P downgrades Vietnam on revised methodology

The international credit rating agency Standard & Poor's has announced its downgrade of Vietnam's local currency long-term rating from BB- to BB as it has recently revised the methodology and assumptions for rating sovereign governments.

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samedi 20 août 2011

S&P lowers Vietnam LC rating to 'BB-'

Standard & Poor's recently revised its methodology and assumptions for rating sovereign governments.

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Vietnam enjoys 1st trade surplus in 2 years

Vietnam recorded a $1.1 billion trade surplus in July, the first surplus in the latest 28 months, according to the general Customs Department of Vietnam.

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lundi 15 août 2011

Vietnam faces danger of rating downgrade due to high inflation

Fitch Ratings, the global well-known rating agency, has announced that Vietnam's capacity of long-term debt payment (including debts in both dong and US dollar) was rated at B+ meanwhile its short term debt payment capacity was assessed at B. These grades were maintained from late July 2010 by Fitch, according to VnExpress.

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jeudi 4 août 2011

New Vietnamese government to face four major challenges

HANOI - The ongoing first session of 13th National Assembly (NA) of Vietnam on Wednesday approved the government cabinet personnel in new term, including four deputy prime ministers and 22 government members.

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mardi 2 août 2011

Vietnam must reform its economy

In an interview with Tuoi Tre, Doctor Nguyen Dinh Cung, deputy head of the Central Institute for Economic Management, said Vietnam must reform its economy if it wants to develop further.

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vendredi 29 juillet 2011

Government reforms : a perspective

The government is arguably the most important institution in Vietnam and should be reformed first to pave the way for institutional changes capable of satiating the country's development needs

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jeudi 28 juillet 2011

EuroCham remains cautious about local economy

Business confidence and outlook among European businesses in Vietnam in Q3/2011 continued to fall for a 3rd consecutive quarter after losing 9 points quarter on quarter in the Q2's survey, said the latest survey of the European Chamber of Commerce in Vietnam (EuroCham).

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Cheap Labor Competitiveness : no longer an advantage

Vietnam has achieved continuously high growth for almost a decade by relying on natural resources and a cheap labor source. But now, it is losing those advantages.

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Curbing inflation at 17pct seen impossible in 2011

Vietnam will have to struggle to restrain inflation at 17 percent this year after consumer prices spiralled out of control in recent months, said Nguyen Tien Thoa, head of the Price Management Department at the finance ministry.

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mercredi 27 juillet 2011

Nation works on a new growth pattern

Vietnam needs accelerated thinking on reform in various areas.

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samedi 23 juillet 2011

Vietnam’s inflation accelerates to 22%, highest level among Asia economies

Vietnamese inflation accelerated for an 11th month in July after the central bank cut a key interest rate even as the nation faces the fastest price gains in Asia.

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jeudi 21 juillet 2011

Vietnam says nearly $4 billion added to foreign reserves

Vietnam, which is battling high inflation and other economic problems, has added nearly $4 billion this year to its foreign reserves, a government report on Thursday said.

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lundi 4 juillet 2011

Govt to lower taxes, keep economy stable in H2

Vietnam plans to cut taxes and allow some late payments as the government takes steps to keep the economy stable in the second half, including continued efforts to tame inflation, prime minister Nguyen Tan Dung said.

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samedi 2 juillet 2011

Vietnam’s rich-poor gap widens - at 9.2 times

The income gap between the country’s richest and poorest groups has increased from 8.9 times in 2008 to 9.2 times last year, the General Statistics Office (GSO) reported.

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jeudi 30 juin 2011

Painful times for Vietnam's small businesses

As Vietnam fights to beat back raging inflation, many of its small and mid-sized businesses - disadvantaged even in good times - are struggling to survive the battle.

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mercredi 29 juin 2011

Vietnam economic growth slows in 2011's first half

Hanoi - Vietnam's economy grew 5.57 per cent in the first half of this year, compared with 6.16 per cent in the same period last year, government officials said Tuesday.

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mardi 28 juin 2011

Vietnam: less gold for Switzerland

Amid a host of deep-seated economic problems, Vietnam's large trade deficit shows no sign of abating. But the "Vietnam effect" helped Switzerland to post a record monthly trade surplus in May, according to Swiss customs.

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Belgium - Vietnam's fourth largest trade partner in EU

Belgium is a bridge between Vietnamese and European businesses and is a potential market for Vietnamese products, said Belgian ambassador to Vietnam, Hubert Cooreman.

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Vietnam-France trade rises 24pct

The two-way trade between Vietnam and France rose to 772.4 million euros (US$1.1 billion) in the first four months of 2011, up by 24.3 per cent compared with the same period last year.

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lundi 27 juin 2011

Inflation, high rates batter Vietnam's small businesses

As Vietnam fights to beat back raging inflation, many of its small and mid-sized businesses - disadvantaged even in good times - are struggling to survive the battle.

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samedi 25 juin 2011

Vietnam's trade gap still widens despite export increase

Although the country's exports have made remarkable progress, the danger of the ballooning trade deficit is still threatening Vietnam, experts said at a conference on the trade policy for the stable development of Vietnam held Tuesday by the Ministry of Industry and Trade.

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vendredi 24 juin 2011

Vietnam : towards a new horizon

Dang Le Nguyen Vu, the founder of Trung Nguyen, one of Vietnam's biggest coffee groups, has no shortage of ambition.

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Vietnam cuts 2011 growth target, raises inflation forecast

Vietnam on Friday lowered its economic growth target for the year, while raising its inflation forecast for the second time in a month in the face of mounting price pressures.

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mercredi 25 mai 2011

Vietnam trade deficit widens

HANOI—Vietnam's persistent trade deficit widened to its largest point in 17 months in May, putting further pressure on authorities to address imbalances in the economy.

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