HA NOI — Viet Nam's industrial output was worth VND504.2 trillion (US$26.1
billion) to the end of August - 13.7 per cent higher than for the same period
last year, reports the General Statistics Office (GSO). SEE MORE The national economy has continued to grow encouragingly in the last eight
months although it has experienced a number of difficulties in production and
investment, natural disasters and diseases in plants and animals, say analysts
from the Ministry of Planning and Investment.
SEE MORE DA NANG — ASEAN economic ministers agreed on a variety of measures to boost
trade and investment within the bloc and with outside partners, as they
expressed confidence on regional economic prospects and headed to the
establishment of an ASEAN Economic Community (AEC) by 2015. SEE MORE HA NOI — Disbursement of foreign direct investment (FDI) in August reached
US$850 million, lifting FDI disbursement in the first eight months of the year
to $7.25 billion, up nearly 3.6 per cent over the same period last year, said
the Ministry of Planning and Investment's Foreign Investment Agency. SEE MORE The State Bank of Vietnam on Aug. 25 announced it would retain the prime rate at
8 percent in September for the tenth straight month, quelling market hopes that
it might be lowered and borrowers enjoy a more affordable stream of income from
this source.
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