12:06 AM @ 01/01/1900
Gross domestic product climbed 5.43 percent in the three
months through March from a year earlier, slowing from a 7.34
percent pace previously announced for the fourth quarter,
according to a preliminary estimate released by the General
Statistics Office in Hanoi today.SEE MOREVietNamNet Bridge – While enterprises are still feeling shocked with the dramatic increases of the prices of electricity, petrol and the dollar, they have been urged to consider the possible impacts of the earthquake and tsunami in Japan on their business. SEE MORE By fighting dollarisation and reining in the forex market, the nation may see lower lending interest rates by mid-year, said Dr Tran Hoang Ngan of the National Monetary and Financial Advisory Council in an interview with Dau Tu (Vietnam Investment Review). SEE MORE Vietnam has raised interest rates for the second time in less than three weeks, a move which analysts say shows a stronger commitment to fighting rampant inflation. SEE MORE In Eastern Europe, sales of PVC pipes are still rising, while only better quality pipes made of polyethylene or polypropylene record growth rates on the relatively saturated markets in Western Europe. Ceresana Research expects that revenues from plastic pipes in Europe will rise to €9.7 billion by 2018. SEE MORE
