Global demand decline denting exports and budgets
A go-slow-down in global demands is predicted to linger, making it difficult for Vietnam to expand exports this year, while also affecting the country’s state budget revenues.
More loosening on the horizon?
While interest rate cuts have yet to have a strong positive impact, tough access to capital and stagnant cash flow have yet to be addressed. Therefore, many are of the opinion that money supply needs to be loosened. Ample forex supply The first five months of this year saw a trade surplus of up to
Domestic businesses striving to overcome technical barriers in exports
The EU’s latest adjustments in quality inspection of imported processed food and produce from Vietnam show looser regulations. This means Vietnam’s exported merchandise has improved quality, safety, and hygiene.
Credit growth sparks concerns
The State Audit Office of Vietnam has issued a warning that credit growth in high-risk areas exceeded overall growth in 2022, and the credit-to-GDP ratio now poses potential risks. What do these facts signify and why is it concerning? Credit in high-risk areas In the 2022 report recently submitted
The enchanting delight of Tay ethnic people
Cooc mo cake stands as a revered culinary treasure among the Tay ethnic community residing in the majestic mountainous provinces of northern Vietnam. This traditional delicacy brims with cultural significance and takes center stage in numerous local festivities. Known affectionately as “cooc mo”
Which stocks to buy in June
The recent improvements in trading volume may aid the VN-Index, the benchmark stock index, in breaking the resistance zone of 1,080-1,100 points and continuing its rise in June. This indicates the resurgence of institutional investors, hedge funds, and private equity firms in the stock market.
‘Free trade agreements cause customs tax revenue loss but exports increase’
The implementation of free trade agreements (FTAs) and regional mega trade pacts have resulted in a loss of custom taxes for Cambodia, but has also boosted investment flows, created jobs, and increased exports, said Kun Nhem, director-general of Customs and Excise, while speaking at a workshop
“Golden time” for Vietnam’s lychee exports coming: experts
July marks the end of the lychee season in China but the main harvest in Vietnam. Therefore, domestic firms are advised to optimize this opportunity to boost exports to the neighbouring country.
Japan becomes the largest market for Vietnamese seafood
Over the years, Japan has always been the second-largest market for Vietnamese seafood, after the US. But in the first half of this year, Japan became the largest export market.
Pass-through of China trade war tariffs to US importers “astonishing”: report
US importers have borne almost the complete burden of tariffs placed on Chinese goods amid the long-running tit-for-tat trade war between the two global powers, according to a report from the economy, politics and society (EPoS) research centre at the universities of Bonn and Mannheim.
Vietnam, RoK intensify trade cooperation
Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen
Bright outlook for energy sector
The recently approved national power development plan VIII, covering the period 2021-2030 with a vision to 2050, has brought positive news to the energy industry and caught the attention of stock investors. Promoting the use of renewable and gas-fired energy while reducing coal-fired power is a