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Tuesday, February 07, 2012

Vietnam GDP growth through August to beat 6 pct

Vietnam’s economy grew more than 6 percent in the first eight months of 2010 from a year earlier, Minister of Trade and Industry Vu Huy Hoang said.

The economy expanded 6.2 percent in the first half and the government’s full-year target is 6.5 percent. The Vietnamese economy grew 5.3 percent last year, the slowest pace since 1999.

“In the first eight months of the year, the Vietnamese economy has recorded encouraging results,” Hoang told journalists Wednesday in the central city of Da Nang, where ministers from the 10-member Association of Southeast Asian Nations are meeting. “GDP growth is over 6 percent.”

Hoang also cited a “decrease in the trade deficit,” without being more specific. Vietnam’s trade gap narrowed to $900 million in August from a revised $978 million in July, the General Statistics Office in Hanoi said Tuesday. (Thanhniennews.com)


Other News in topic

>> Vietnam’s bonds decline on inflation concern; dong advances (12/26/2011)

>> Vietnam launches reform of troubled banking system (12/26/2011)

>> Vietnam aims to create ‘fair’ environment for entrepreneurs (12/26/2011)

>> Vietnam, Myanmar sign $390 mil project agreement (12/26/2011)

>> Vietnam sends more than 81,000 laborers overseas (12/19/2011)

>> Vietnam’s FPT to miss profit target, aims to boost M&A activity (12/19/2011)

>> Vietnamese carriers to sell iPhone 4S this week (12/19/2011)

>> Two dodgy firms get chop from World Bank (12/19/2011)

>> Vietnam’s PVI Holdings sees 2012 gross profit up 55.6 pct: report (12/19/2011)

>> Vulture funds circle Vietnam’s property market (12/19/2011)


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Governing Body: Dong Nai Province People's committee. Licence No, 26/GP-BVHTT dated 22/01/2003
Editor in chief: Mr Le Van Danh - Director of Dong Nai Industry and Trade

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