Public debt exceeds 62 percent of GDP, Vietnam walks tightrope
23/03/2016The revenue of the state budget is not big enough to cover expenses, but Vietnam cannot continue borrowing big money. SEE MOREIMF Chief Says Vietnam's Economy Is at Risk Without Reforms
23/03/2016Vietnam risks being vulnerable to external shocks if it doesn’t push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde. SEE MOREVietnam dong may slide 5 percent against US dollar
22/03/2016The dong will fall around 4-5 percent against the US dollar this year as the Federal Reserve is expected to raise interest rates further and push up the greenback, the Vietnam News Agency reported on Monday, citing new forecasts. SEE MOREPrime Minister approved petrol tax changes
22/03/2016Prime Minister Nguyen Tan Dung has approved calculation of petroleum import tax based on weighted average of the tariffs, taking into account Most Favoured Nation (MFN) status and Free Trade Agreement (FTA). SEE MOREChina’s rising exports: less about growth, more about exporting deflation
22/03/2016Markets used to cheer when China’s exports rose, believing this showed the global economy was in good shape. They are still hopeful today, despite the 25 per cent fall in February’s exports. But closer analysis of China’s important refining and petrochemical sector shows that a paradigm shift is under way. SEE MORE
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