Technical recession in Europe and the Fed's move affected Vietnam
The tightening monetary policy of the Fed and ECB, the risk of technical recession in Europe, and China's recovery momentum impact Vietnam's imports and exports, according to a newly published report by BIDV Securities (BSC).
FDI firms continue to hold lion’s share of Vietnam’s exports
HCMC – Though Vietnam has seen optimistic import-export results this year, its export sector still depends heavily on foreign direct investment (FDI) companies, accounting for nearly three-quarters of the country’s export revenue. The import and export value this year has exceeded US$700 billion
Import-export value predicted to grow next year
HCMC – Imports and exports are expected to become a bright spot and an economic driver despite anticipated challenges and hardships next year. Economists expected the global market to regain momentum in 2023 after a year of tight spending. That, coupled with an impressive import-export turnover of
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