Vietnamese economy will grow 5.1% a year till 2050

Thursday, 09 February 2017

A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Viet Nam until 2050 period, with annual GDP increase of on average 5.1 per cent, making it one the world’s most rapidly progressing countries.

Vietnam to push ahead with economic integration

Friday, 27 January 2017

With the US withdrawing from the TPP, Vietnam will continue its reform efforts and fulfill commitments under existing and upcoming FTAs, the Foreign Ministry spokesman said. Vietnam considers its engagement in the TPP and free trade agreements (FTAs) as part of implementing its policy of active economic integration in an extensive and inclusive manner, according to spokesman Le Hai Binh for the Ministry of Foreign Affairs.

SA economy poised for growth, and a stable repo rate in 2017

Thursday, 26 January 2017

SA’s economy will get a boost from perkier commodity prices, a benign inflation outlook, and better rains for the agriculture sector this year, a Reuters poll found on Thursday. The 27 economists in the poll suggested growth in SA would accelerate to 1.1% this year and 1.6% next year. The South African Reserve Bank (SARB) estimated GDP expanded 0.4% last year.

South African economy on path to faster growth

Tuesday, 17 January 2017

Johannesburg - It is expected that the South African economy will improve this year. Evidence already exists that the economy is in a cyclical upturn, since the second quarter of 2016. The baseline scenario for the economy indicates that economic growth will be more than triple the expected growth rate of 0.4 percent for last year.

Rising energy demand in Vietnam calls for investors in hydropower

Wednesday, 14 December 2016

Surender Singh, founder and co-chief executive officer of Nexif Energy, a Southeast Asian independent power producer, stated that hydro-electric power is one of the most economical sources of electrical energy in Vietnam after it recently announced a plan to increase stakes in the Coc San Hydropower project, which is Vietnam’s first foreign investment hydropower plant below 30 megawatts (MW).

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