Forecast

VN a high rapid growth market

HN — Viet Nam is anticipated to become one of the top three rapid growth marketplaces within the Asia-Off-shore region the coming year, based on Ernst&Young's quarterly Rapid Growth Marketplaces (RGM) Forecast launched a week ago.The forecast mentioned that Asia-Off-shore RGM star entertainers the coming year are required to become India (+8.5 percent), landmass China and Hong Kong (+8.6 percent) and Viet Nam (+7.1 percent).RGMs are required to develop with each other at 5.3 percent this season, bouncing

GDP rate of growth 5.7% this season, states Asian Development Bank

HN — Viet Nam's economy is forecast to develop by 5.7 percent this season, before obtaining to 6.2 percent the coming year, based on the Asian Development Outlook Update released through the Asian Development Bank (ADB) in Ha Noi yesterday.ADB's country director for Viet Nam Tomoyuki Kimura stated average inflation could ease to simply under 10 percent this season, supplying policy configurations were stored sufficiently firm. Inflation seemed to be likely to quicken to 11.5 percent the coming year,

Japan's Sony more than doubles net loss forecast

Japanese entertainment giant Sony more than doubled its full-year net loss forecast to US$2.9 billion, a day after announcing that its president and CEO Howard Stringer would step aside

January CPI predicted at 1%: NDHMoney

Vietnam's consumer price index (CPI) in January is forecast to rise 1 percent from December 2011, according to local newswire NDHMoney

OPEC lowers 2012 oil demand forecast

Oil exporting countries lowered slightly their world demand forecast for 2012 on Tuesday as ministers gathered in Vienna to discuss output levels amid tensions over Iran and slowing global growth

Foods, holiday season may push CPI up

December's Consumer Price Index was forecast to increase by 0.5 to 0.6 per cent compared to the previous month due to the advent of Christmas and Tet holidays alongside flooding in several areas.

Tough spending cuts to get Australia into surplus

Australia announced billions of dollars in new spending cuts and savings on Tuesday in a bid to return its budget to surplus by 2012/13 after a deterioration in global economic conditions.

HTC cuts Q4 revenue growth forecast; shares tumble

Taiwan's HTC Corp cut its revenue forecast for the fourth quarter to no growth over the same period a year earlier from around 20 percent to 30 percent year on year growth previously, surprising the market and sending its shares tumbling 7 percent

Thumbs up given to 2012 CPI forecast of below 10%

HANOI - Vietnam’s consumer price index forecast for next year has got the thumbs up from National Assembly deputies and economic experts.

EU warns of recession in 2012

Europe warned Thursday that its debt crisis was dragging the region towards a new recession, deepening the sense of foreboding as Italy and Greece struggled to put together new governments

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From Health

ASEAN task pressure talks about mental health

The very first meeting from the ASEAN task pressure on mental health has been heldin Hanoi from May 23-25, with associates from regional and globalorganisations participating. Addressing the openingceremony, Deputy Minister of Public Health, Nguyen Thi Xuyen stated theevent offers nations an opportunity to share good practices in protectingmental health, adding to strengthening cooperation within the regionand fulfilling the aim of “Healthy people, healthy ASEAN”. Xuyen known as on nations to

Desperate people get free facial, eye surgery

Forty-two kids with harelips and cleft palates within the two CentralHighlands provinces of Dak Nong and Dak Lak have obtained free check-upsand procedures. The programme for poor children inremote and ethnic minority areas, worth about 500 million VND, wascarried out and based on the Center for Research and Aid forOperation Smile (OSCA) at Dak Nong province’s general hospital from May19-21. OSCA Director Bui Tu Anh stated this isthe very first time the center provides free check-ups and surgical