VGP – The Vietnamese economy is facing three major challenges, namely low credit growth, slow pace of non-performing loan settlement, and sluggish business and production, according to former Deputy Minister of Planning and Investment Cao Viet Sinh.
VGP – The socio-economic performance has recorded positive movements, signalled by bright signs like declining lending interest rate, stable exchange rate, higher foreign currency reserve and lower inventory level.
VGP – Recent visits to Viet Nam by foreign business delegations have signaled the warming of the FDI inflow amid domestic economic hardship.
VGP – Disbursements of Foreign Direct Investment (FDI) approached US$ 8.1 billion in the first nine months, equivalent to the same period in 2011.
VGP – As of September 15, some 20 export staples made a turnover of over US$1 billion each, marking the joining of 4 more commodities compared with August, according to the Viet Nam Customs.
