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Vietnam PM confident of 6.7% growth without adding inflation

Bloomberg Vietnamese Prime Minister Nguyen Xuan Phuc said he is confident economic growth this year will meet a government goal of 6.7 percent without adding to inflation, despite weak expansion last quarter. Vietnam is taking steps to bolster the economy as the nation seeks to retain its status as one of the world’s fastest-growing economies, the premier said in an ...

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China developers surge as Evergrande hits record

Bloomberg Chinese developers extended Asia’s biggest rally this year, with China Evergrande Group surging to a record in Hong Kong. Evergrande soared 23 percent at the close, while Country Garden Holdings Co. and Sunac China Holdings Ltd. gained more than 9 percent. Lianhua Supermarket Holdings Co. rallied 24 percent after Alibaba Group Holding Ltd. agreed to buy a stake in ...

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Swiss economic growth still left in shade by Germany

Bloomberg If the Swiss economic growth is still left in the shade by Germany this week, its central bank knows exactly why. Two-and-a-half years after suffering an exchange-rate shock that made its exports even more expensive, Switzerland has yet to rediscover its knack of outperforming neighboring Germany. While the two economies boast significant similarities, prompting the Swiss to dub their ...

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