Vietnam needs to increase the use of renewable energy resources and bolster power trading with Asian countries in order to meet its electricity demands rising by 7-10% annually towards 2030, heard a conference on the future of Vietnam’s electricity industry in Danang last week. SEE MORE Industrial products will not have it easy against those from countries with outstanding advantages, as well as cheap imported goods, when Viet Nam joins the Free Trade Agreements (FTAs). SEE MORE Vietnam expects to grow at 6.5-7 percent for the next five years, according to a Government report tabled recently at the National Assembly on socio-economic development in 2015 and 2011-15 as well as the targets for the next five years. It forecasts GDP growth to be 6.7 percent in 2016. SEE MORE Fitch Ratings has affirmed Viet Nam's long-term foreign and local currency issuer default ratings (IDRs) at ‘BB-' with a stable outlook. SEE MORE The State Bank’s policies on the dollar have influenced consumers, many of whom are not saving gold to preserve their assets. However, they continue to hold dollars. SEE MORE
