» Percent This Year

Vietnam's inflation is expected to slow to about 9 percent in 2012 and is under control, Prime Minister Nguyen Tan Dung told the Consultative Group. Vietnam may undermine progress toward economic stability if it loosens monetary policy now, the International Monetary Fund and World Bank said as the nation struggles with...

Tags: Commercial Joint Stock, Commercial Joint Stock Bank, Consultative Group, Joint Stock Bank, Percent This Year, The Consultative, The Consultative Group, The Government, The Nation, The State Bank, World Bank, World Bank Said

The State Bank of Vietnam is trying to keep credit growth at below 20 percent this year. Vietnam’s central bank does not have any plan to cap lending rates as it is not a feasible move, Governor Nguyen Van Giau told the press on Thursday. “There have been suggestions but there are no policies yet,” Giau said,...

Tags: 20 Percent This, Central Bank, Keep Credit Growth, Lending Rates, Percent This Year, Rate Cap, The Central, The Central Bank, The State Bank, To Keep Credit, To Keep Credit Growth

Motorcyclists ride by a newly developped residential quarter in Hanoi Vietnam’s growth slowed in the first quarter after the central bank raised key interest rates to among the highest levels in Southeast Asia to tame inflation.   Gross domestic product climbed 5.43 percent in the three months through March from a...

Tags: Percent This Year, This Year

  Inflation could negate Vietnam’s development gains, says economist With prices continually on the rise, many consumers in Vietnam now have to think carefully before they buy milk products. Nguyen Thu Trang cannot escape a feeling of shock and dread as she shops for formula...

Tags: Percent This Year, Repurchase Rate, Reverse Repurchase Rate, State Bank, The Dong, The Government, The State, The State Bank, This Year, To Curb Inflation

Economic recovery is set to spark demand, competition and reasonable fares on Vietnam’s air travel market. Foreign tourists on a Xich lo enjoy a city tourVo Huy Cuong, head of the Civil Aviation Administration of Vietnam’s Air Transport Department, said many airlines expecting post crisis gains had recently been licensed for expansion...

Tags: Passenger And Cargo, Percent This Year, The Government, The Market, This Year, Vietnam Airlines