Two more international institutions have lowered their predicted GDP growth rate for Vietnam in 2016, showing less optimism about Vietnam’s economy. However, analysts say a lower GDP growth rate won’t be a concern. SEE MORE From a poor country, Vietnam has become a middle-income country. But the achievement also presents challenges Vietnam for the near future as it gradually reduces its dependence on ODA funds and develops the nation by itself. SEE MORE The price of gold in Vietnam plummeted VND2.2 million per tael (1.2 ounces) on July 7 after galloping for nearly VND3 million per tael in the previous day. SEE MORE State price management agencies will face many challenges in the second half of the year if they are to meet the National Assembly's (NA) target of keeping inflation under 5 per cent, experts said at a conference held yesterday. SEE MORE The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period. SEE MORE
