The presence of the international insurance companies in Vietnam is increasing. The trend to penetrate the Vietnam market through joint ventures has also increased. Some of the largest domestic insurance companies as PVI, Bao Viet, Bao Minh, Vinare have ‘shake-handed’ with foreign strategic shareholders. Even PVI in 2011 has brought in the 2nd foreign partner, … Read more
May 24th, 2011, from The Wall Street Journal. HANOI—Vietnam’s consumer price index in May was up 19.78% from a year earlier, its biggest jump since December 2008, the General Statistics Office said Tuesday. But compared with April, the index was up 2.21%, a slowdown from the previous month’s pace. April prices were up 3.32% from … Read more
HANOI—Vietnam trimmed its economic growth forecast and sharply raised inflation expectations, as the government battles to restore economic stability. The country is now targeting gross domestic product growth of 6.5% this year, from an initial target range of 7%-7.5%, Minister of Planning and Investment Vo Hong Phuc said Tuesday at an annual meeting of the … Read more
By JAMES HOOKWAY. May 16th, 2011 from The Wall Street Journal. Frustration over Vietnamese state-run shipbuilder Vinashin’s failure to repay loans it defaulted on last year is intensifying among creditors, potentially jeopardizing Vietnam’s plans to draw more investment to improve its infrastructure and reduce the bottlenecks that threaten its growth. The problems at Vinashin point … Read more
Mar 2012, ANT Consulting In January 2007 Vietnam officially joined the WTO, an event seen as an important milestone in the country’s closer integration into the global economy. WTO membership has helped boost Vietnam’s international trade and develop its freight transport capabilities. Road transport is the most advanced in terms of freight sector privatisation and … Read more