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
Surplus betekenis economie
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
Researchers warn of risks for Vietnam in 2021
According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021
VN-Index plummets over 74 points
Total trading volume soared to VND16.16 trillion ($702.44 million), equivalent to an entire average trading day so far in January. VND7.74 trillion worth of these transactions belonged to stocks in the VN30 group of HoSE’s largest caps, whose index also plunged 6.25 percent. … [Read more...] about VN-Index plummets over 74 points
HCM City to build new hospitals in next 5 years
At Bình Chánh District’s Tân Kiên – Bình Chánh Hi-Tech medical cluster, second branches will be built for Phạm Ngọc Thạch University of Medicine, the 115 emergency centre, and Bình Dân Hospital. A new blood bank will also be built. … [Read more...] about HCM City to build new hospitals in next 5 years