» The Government

    Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the...

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  A man (L) stands in front of an ATM while a homeless man sleeps in front of an advertisement on a street in Hanoi January 3. Prime Minister Nguyen Tan Dung has acknowledged the surging influence interest groups have on the policymaking process, calling for increased transparency...

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  Outpouring of frustration and disappointment among youth indicates a need to strengthen pride and confidence in the nation, experts say Young people at an enlistment ceremony in Ho Chi Minh City last September. A national enlistment program this year saw thousands of youth voluntarily...

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Prime Minister Nguyen Tan Dung speaks at a meeting in Hanoi Thursday Prime Minister Nguyen Tan Dung said Thursday the government would aim to reduce inflation to 9 percent and target a GDP growth of 6 percent for next year. Vietnam’s consumer price index rose 18.13 percent in 2011, according to data released by the...

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Prime Minister Nguyen Tan Dung speaks at a meeting in Hanoi Thursday Prime Minister Nguyen Tan Dung said Thursday the government would aim to reduce inflation to 9 percent and target a GDP growth of 6 percent for next year. Vietnam’s consumer price index rose 18.13 percent in 2011, according to data released by the...

Tags: Said The Government, The Government

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...

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Some important state-owned enterprises, including PetroVietnam, will remain owned by the government Some of the losses that state-owned enterprises incurred were due to their attempts to keep prices stable and to rein in inflation, Prime Minister Nguyen Tan Dung said Thursday. He said state utility Electricity of Vietnam,...

Tags: State Owned, State Owned Companies, State Owned Enterprises, The Government

  Slowing inflation and talk of financial reforms have not boosted market sentiment as expected, and analysts are predicting the worst will not be over any time soon. Phan Dung Khanh, research manager at Kim Eng Vietnam Securities Co., said the stock market may move sideways or only...

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Vietnam needs US$15-16 billion a year for its infrastructure projects Vietnam can only meet half of the capital it needs for infrastructure development and will have to seek more invesment from the private sector, according to a report on the government’s website. The country needs US$15-16 billion a year for its infrastructure...

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  The Vietnamese government said it has allowed national carrier Vietnam Airlines to equitize, but said the state will retain more than half of shares in the firm. Deputy Prime Minister Vu Van Ninh told the Transport Ministry in a directive signed on Tuesday to draft a detailed plan for the airline’s equitization...

Tags: Stock Market, The Government