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Vietnam plans tighter limits on stakes in banks in blow to foreign investors

Vietnam's central bank is seeking to reduce the maximum stake investors can hold in Vietnamese banks, according to a published draft document on a regulatory change.

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Public debt poised to stay safe

With the economy gradually bouncing back, Vietnam is expected to see its public debt stay within permissible limits, ensuring national financial security.

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Vietnam cuts key rate by 100 basis points as economy slumps

Vietnam’s central bank unexpectedly cut its discount rate to 3.5% from 4.5% in an attempt to boost economic growth amid global uncertainties.

WB forecasts Vietnam’s 2023 growth at 6.3%

WB forecasts Vietnam’s 2023 growth at 6.3%

Vietnam’s economic growth is projected to ease to 6.3% in 2023 from a robust 8% last year, as services growth moderates and higher prices and interest rates weigh on households and investors.

  • Vietnam targets export growth of 6% in 2023

    Vietnam’s trade turnover reached $732 billion in 2022. The first time Vietnam’s trade value has exceeded $700 billion, making it one of the world’s top countries in international trade.