Given that signs of a recovery in crude oil demand are still elusive and
a cut in supply is still not visible, when the slide in prices might
halt remains an unanswered question for analysts. SEE MORE VietNamNet Bridge – Minister of Planning and Investment Bui Quang
Vinh has said tumbling global oil prices will leave no serious impact
on Vietnam’s economic growth and State budget collections this year. SEE MORE Plunging oil prices are spurring domestic consumption in Vietnam in a
boost to the economy. They also threaten the country’s efforts to curb
its budget deficit, presenting a dilemma for the government. SEE MORE VietNamNet Bridge – The government has set its sights for
the nation’s economy to expand at a quicker 6.2% GDP rate for 2015 as
strong exports continue to drive growth and it tries to invigorate them
to offset weak domestic demand. SEE MORE The World Bank (WB) has said Vietnam might obtain GDP growth of 7%,
instead of 5.6%, this year if the country makes clear what it wants. SEE MORE