Those of us who are currently residing in the US know that the American financial crisis had led the US and a major part of the European continent into a major recession - largest since the Great Depression of the 1929-1933. The 2007 recession started in the 4th quarter of 2007 until the 3rd quarter of 2009 - 18 months total. This recession brought about an approximately 10% … [Read more...] about Vietnam vs. US in the most current recession
GDP
Vietnam the Baby Asian Tiger
Welcome to the year of the Tiger, 4707 on the Lunar calendar. Looking back at the last ten years (4697 to 4707, if you will), the country that has been most tiger-like is Vietnam. Of course, I am referring to the term “Asian Tiger,” given to the economic power houses Singapore, Hong Kong, Taiwan, and South Korea. But if Vietnam is a tiger, it’s still a baby with a lot of … [Read more...] about Vietnam the Baby Asian Tiger
Vietnam targets average GDP per capita US$ 2,100 by 2015
1.04.09 - By contributing author: Hang Nguyen earned her Master of Science degree in International Human Resources Management from the University of East Anglia, UK. Hang's longtime interest has been in the languages where she's worked as an English teacher at Hanoi University and translator for various books. According to Vietnamnet, the Ministry of Planning and Investment … [Read more...] about Vietnam targets average GDP per capita US$ 2,100 by 2015
IMF May Revise GDP Growth Estimate Upward for Vietnam
Vietnam’s gross domestic product expanded 5.8 percent in the third quarter from a year earlier, up from 4.5 percent in the previous three months, according to figures this week from the General Statistics Office in Hanoi. The government is targeting growth of at least 5 percent for the year. The International Monetary Fund (IMF) revised growth for 2009 to 4.6 percent as … [Read more...] about IMF May Revise GDP Growth Estimate Upward for Vietnam