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Vietnam’s central bank may deliver one more 50bp rate cut in Q3 2023: ...
The State Bank of Vietnam is expected to lower 50bp rate interest cut in third quarter of 2023, according to HSBC analysts.
Economy
Vietnam remains ideal destination for global giants
Despite a decline in global investment flows, Vietnam remained an attractive destination for foreign companies, especially large-scale enterprises, experts have said.
Vietnam's wind power plants get ready for the breeze
The looming electricity crisis makes mobilizing squandered wind and solar power even more critical.
Vietnam monetary policy to persist with interest rate reduction
The State Bank of Vietnam (SBV) will continue with its interest rate reduction policy despite the possibility of other rate hikes by the U.S. Federal Reserve.
- Bitter taste of beer 1
- Vietnam a gateway for Canadian firms to enter ASEAN 2
- Vietnam's textile, garment sector targets $44 billion export turnover in 2024 3
- State budget revenue hits $63.5 billion in 11 months, completing 94.9% of whole-year plan 4
- Enterprises cut forecasts due to gloomy outlook 5
- Vietnam to borrow additional $1.2 billion from foreign partners in 2023 6
Most view
Vietnamese economy strives to overcome difficulties in 2024
It is halfway through 2023, and it is now time that the Government assigns ministries and localities to formulate the socio-economic development plan and budget for 2024.
HSBC expects meaningful economic rebound in Viet Nam from Q4
The HSBC expects a meaningful economic rebound in Viet Nam from the fourth quarter of this year, warranting further monetary support.
Shipping industry: vessel amid ferocious waves
When the shipping industry witnessed signs of recovery, the sector is preparing to face a new crisis.
Hurdles remain on HCM City's way to yearly growth target
Ho Chi Minh City is facing challenges to realise its yearly growth target of 7.5%, as the rates recorded in the first and second quarters failed to meet expectations.
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Agriculture remains bright spot in exports
Agriculture remains a bright spot in the overall gloomy export picture in the first five months of this year, with agro-forestry-aquaculture export turnover in May rising 8.5% year-on-year.
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Maintaining competitive environment in global minimum tax application
As many as 1,015 foreign-invested enterprises in Vietnam have parent companies that are subject to the global minimum corporate tax rate.
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Vietnam bags over $2 bln from rice exports in five months, up 49%
The country shipped nearly 3.9 million tonnes in the first five months of 2023, up 40.8%, earning $2.02 billion, an increase of 49%, according to the Ministry of Agriculture and Rural Development.
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Online exports expected to be economic growth driver
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
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Vietnam will see an increase in FDI
Foreign investment is one of the most important factors driving the economic growth in Vietnam. Despite the harsh competition, the country still retains an important position in attracting global FDI.
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Banks increase financial buffers
Several banks are trying to increase their financial buffers to increase their resources to deal with risks such as new bad debts.
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Local enterprises plan asset and stock sales as they look to slash ...
Due to short-term difficulties many enterprises had to sell their assets, transfer brands built in many years to survive.
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Int’l organisations: public investment to propel Vietnam’s long-term ...
Amid the global economic recession, Vietnam’s industrial growth in 2023 may experience a slight decline, but agricultural output is expected to increase modestly, according to experts.
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Efforts to be made to generate employment
Economic woes have affected hundreds of thousands of factory workers, prompting many lawmakers to urge the government to seek remedies, to create employment and drive the economy forward.
