TIẾNG VIỆT 
Imports of phones and computers drop by $10 billion
Import turnover of two main groups of goods phones and components; computers, electronic products, and components in the first half of May decreased by $10 billion over the same period last year.
Economy
Improving FDI quality, quantity crucial for Vietnam: Insiders
Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam.
May's Industrial Production Index rose by 2.2% from April
The General Statistics Office reported a 2.2 percent increase in Vietnam's Index of Industrial Production in May compared to April and 0.1 percent year-over-year.
Vietnam reports $9.8 billion trade surplus in first five months
Vietnam recorded a trade surplus of $2.24 billion in May and a total of $ 9.8 billion in the first five months of 2023, according to the General Statistics Office.
- Exporting agricultural products "maintains the stronghold" 1
- Bitter taste of beer 2
- Vietnam a gateway for Canadian firms to enter ASEAN 3
- Vietnam's textile, garment sector targets $44 billion export turnover in 2024 4
- State budget revenue hits $63.5 billion in 11 months, completing 94.9% of whole-year plan 5
- Enterprises cut forecasts due to gloomy outlook 6
Most view
Inflation rate increases by 0.01% in May
The consumer price index (CPI) for May increased by 0.01% month over month, according to the General Statistics Office (GSO), mostly as a result of higher costs for food, energy, and water.
Firms hesitate to access loans due to weak consumption demand
The SBV last week cut its policy rates for the third time this year to prop up economic growth. The bank cut its refinance rates from 5.5 to 5.0 per cent.
Vietnam will stick to 6.5% GDP target despite headwinds: deputy PM
Vietnam will not change its 6.5% target for annual gross domestic product growth, Deputy Prime Minister Tran Luu Quang told Nikkei's Future of Asia forum, despite pressure from higher global interest rates.
Banks cut interest rates to support economic recovery
Several banks have lowered lending interest rates to support economic growth in the second quarter of this year.
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Vietnam's inflation reaches its peak: analysts
Loose monetary policy, financial support packages, and increases in electricity prices have raised fears of inflation. But...
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Vietnamese banks' bad debt burden is getting bigger
The opportunity for profit for the banking business has significantly decreased as bad debt pressure has risen while financial resources have been constrained.
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Seaport cargo volume nearly doubles in seven years
The volume of container cargo through Viet Nam’s seaports in 2022 hit 243 million tons (25 million TEUs), nearly doubling the figure recorded in 2015 (126.3 million tons or 11.5 million TEUs).
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Rice exports in the first four months of 2023 stood at 2.95 million tons, for revenue of $1.56 billion, figures from the General Department of Vietnam Customs show.
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Vietnam’s economic growth to double global rate: IMF
Vietnam’s economic growth will be twice the global rate, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Saturday, calling the country a 'shining star' in the global market.
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FDI sector posts over US$14 billion in four-month trade surplus
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than US$14 billion in trade surplus in the first four months.
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Vietnam approves plan to boost wind, LNG by 2030
The idea had been postponed for more than two years due to internal squabbles and work on difficult reforms.
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Fruit and vegetable exports may bring Vietnam $4 billion this year
Export of fruits and vegetables is likely to increase to $4 billion in 2023, according to the Vietnam Fruit and Vegetables Association.
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Standard Chartered lowers Vietnam’s 2023 growth forecast to 6.5%
Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth forecast to 6.5 percent from the previous 7.2 percent in its recent macroeconomic updates.
