Global Rate-Hike Endgame Is Now Haunted by Recession Worries
Investor fears of mounting economic damage are threatening to overshadow the next round of interest-rate hiking all but promised by central bankers from Washington to Frankfurt.
Make a difference
Looking for a niche market and building a sandbox with breakthrough policies can be a pathway to help gradually turn HCMC into an international financial center capable of supplying cross-border financial services. This, however, is a long-term vision, while in the near term, it is important to
Investments - key to economic growth in Việt Nam: WB expert
Andrea Coppola, World Bank Lead Economist for Viet Nam speaks to Vietnam News Agency about his recommendations for the country to speed up economic recovery and development in the time to come.
The continued downturn
Industrial production decline, import-export slump, and negative indicators from the purchasing managers index (PMI) are pointing to a prolonged economic slowdown in the second half of 2023. Negative signs A report by the General Statistics Office (GSO) indicates a decline in industrial
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.