Tag Archives: Vietnam

Vietnam’s GDP growth is forecast at 5.2 percent in 2013, picking up to 5.6 percent in 2014 if progress is made in strengthening the banking sector and recovery in major industrial economies gathers momentum in 2014, the Asian Development Bank says in a report released Tuesday. The prediction is made based on grounds that GDP grew by 4.9 percent in …

Starbucks said Thursday it would open its first store in Vietnam next month, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia. The communist country’s first Starbucks cafe will be in southern Ho Chi Minh City, the US beverage giant said in a joint statement with its local partner, Hong Kong’s Maxim Group. “Vietnam …