• Vietnam currency firmer against hard currencies

      16/11/2016
    The Vietnam dong currency has strengthened against strong currencies since the surprise outcome of the U.S. presidential election last week while the local gold price has edged down 4%.  
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  • Dollar firmer against dong

      16/11/2016
    The U.S. dollar strengthened against the Vietnam dong currency at banks and on the informal market on November 14 as it rose versus most other hard currencies.  
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  • 2017 budget deficit set at 3.5% of GDP

      14/11/2016
    The budget deficit ceiling has been set at 3.5 per cent of GDP for 2017, equal to VND178.3 billion ($8 billion), with a majority of National Assembly (NA) delegates voting in favor of the associated resolution on November 11.  
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  • National Assembly targets 6.7-per cent GDP growth in 2017

      08/11/2016
    The National Assembly (NA) yesterday adopted a resolution on the socio-economic development plan for 2017, targeting a gross domestic product (GDP) growth rate of about 6.7 per cent.  
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  • Is China Repeating Japan’s Missteps?

      04/11/2016
    China and Japan may seem to inhabit alternative economic universes. After more than two decades of stagnation, Japan is a fading global power that can’t seem to revive its fortunes no matter what unorthodox gimmicks it tries. By contrast, China’s ascent to superpower status appears relentless as it gains wealth, technology, and ambition.  
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