Woes persist despite interest rate cut
Contrary to expectations, the stock market has remained lackluster since the State Bank of Vietnam (SBV) lowered key interest rates in late May. U.S. debt factor The SBV announced its decision to cut policy interest rates again on May 23, marking the third rate reduction since mid-March. But that
Worker shortage sparks concerns
Besides limited technological capability, Vietnamese mechanical engineering enterprises are upset about their trained workers leaving for foreign-invested companies or searching for opportunities to work abroad in labor cooperation programs. Meanwhile, the number of fresh technical and mechanical
Global market headwinds seen hitting Vietnam’s trade
HCMC – With foreign trade forecast to reach more than US$700 billion this year, the Ministry of Industry and Trade has predicted a bleak outlook for Vietnam’s imports and exports next year. Data from Vietnam Customs showed that in November, Vietnam gained US$29 billion from exports and spent