Vigilance a must in order to prepare for fiscal stress

Vigilance a must in order to prepare for fiscal stress

Paulo Medas, mission chief for Vietnam of the International Monetary Fund, spoke with VIR’s Thanh Tung about how the economy performed last year and will do for this year to hit desired growth.
Fiscal, monetary policies to be more proactive, flexible

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies should be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, according to the National Advisory Council on Financial and Monetary Policies.
Learning to look on the bright side

Learning to look on the bright side

Economic experts are chewing over the best-case scenarios for monetary and fiscal policies in 2013.
Siemens to sign off 2012 with strong growth

Siemens to sign off 2012 with strong growth

German-invested Siemens AG has ended fiscal 2012 with revenue growth and strong profit.
Siemens champions sustainability

Siemens champions sustainability

Siemens has surpassed its sustainability targets in fiscal 2011.
Siemens rolls out sound revenue growth

Siemens rolls out sound revenue growth

Siemens Group continues a broad-based revenue growth in second quarter while forecasting lowered income for 2012.
Siemens is in the money

Siemens is in the money

German-backed Siemens AG reaped a bumper crop in fiscal year of 2011 and is expecting fiscal 2012 windfalls.
Avoiding the year-end pressures

Avoiding the year-end pressures

Monetary policy will continue to be crucial in constraining the traditional inflation blowout during the final months of the year.
Recalibration  of policy needed

Recalibration of policy needed

As the spectre of stagnation appears on the horizon, it may be time for Vietnam to consider a different policy direction.
Macroeconomic disequilibrium and possible future directions

Macroeconomic disequilibrium and possible future directions 1

After a decade of high annual growth until 2007, Vietnam has experienced a slowdown since 2008 with the onset of the global economic crisis, when its gross domestic product (GDP) growth fell to 6.2 per cent and then further to 5.2 per cent in 2009.
Time to think outside the box

Time to think outside the box

The consumer price index rise of nearly 12 per cent in 2010 showed that inflation had returned right when the economy started to rebound.

IMF urges higher state spending in Gulf countries in 2011

DUBAI, October 24, 2010 - The International Monetary Fund on Sunday urged higher government spending in the oil-rich Gulf countries in 2011, with recovering crude prices easing the pressure on post-crisis financial stimulus.