Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

Vietnam economic growth to rebound by 2016:

Post new topic   Reply to topic

Go down

Re: Vietnam economic growth to rebound by 2016:

Post  Ponee on Tue Mar 04, 2014 11:52 am

Vietnam economic growth to rebound by 2016:

Ernst & Young



Friday, February 14, 2014 10:00
Vietnam’s economy should be growing at a rate of 7 percent again by 2016, according to a report by global accounting firm Ernst & Young.

The UK-based firm, which placed the country fourth on its list of 25 potentially vulnerable fast-growing economies, expects faster economic growth from this year as policy makers are making efforts to reduce the fiscal deficit, continue curbing inflation, and bring down borrowing rates.
The report comes after two years of relatively sluggish economic growth hovering around 5 percent.

The upturn will be slow this year with rising imports offsetting stronger export performance and public sector inefficiency, according to the report.

A strong rebound in foreign direct investment will calm concerns about the stability of the dong, the report predicts.
Accordingly, stable exchange rates will allow inflation to continue to subside, ensuring a return to real wage growth in 2014-17.
According to the report, as a whole, the world's rapidly growing economies were set to rebound to an average growth rate of 4.7 percent this year, and top 5 percent in 2015.
But the report also forecast that the figures would be limited to 3.7 percent and 2.8 percent if the markets react badly to global monetary tightening.


Vietnam remained in fourth place on the firm's list of 25 most rapidly-growth markets most exposed vulnerability from last year.
The main economic problems are external debt, government debt, inflation, the growth of credit markets, and the lack of foreign reserves to cover imports.

http://www.thanhniennews.com/business/vietnam-economic-growth-to-rebound-by-2016-ernst-young-23885.html

*****************
avatar
Ponee
Admin
Admin

Posts : 34771
Join date : 2011-08-09

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum