The Asian Development Bank expects
Vietnam's economy to grow at 5.6 percent this year as banking reforms
show progress and a recovery in the US and the euro area lift demand for
Vietnamese goods. SEE MORE HANOI - Despite signs of economic recovery pointed out in a couple of
official reports in the first quarter of this year, experts have cast
doubt on this optimism, saying the nation has yet to get out of the
woods. SEE MORE HANOI - Vietnam will enjoy strong economic and trade expansion if the
country signs the Trans-Pacific Partnership (TPP) agreement, with gross
domestic product (GDP) growth forecast at 13.6% in 2025, said Professor
Robert Z Lawrence from Harvard Kennedy School. SEE MORE Vietnam’s growth slowed in the first quarter as the government
failed to spur lending to businesses as banks struggled with bad debt. SEE MORE Thermal power plant investors have warned of further price hikes as
their costs increase, noting that coal prices have gone up 4-10 percent
from the beginning of this year. SEE MORE