After hitting a record low in 2022, Vietnam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.
Booming e-commerce in Vietnam is providing significant opportunities to promote sales while cooperatives are trying to improve the quality of their products to meet consumers' demands better.
Almost four in five travelers in Asia are eager to travel internationally in 2023 as concerns around inflation and rising costs will likely not stop travelers from packing their bags, reported a new study conducted by Klook in November 2022 in nine markets, including Vietnam.
Despite many difficulties due to increasing interest rates, the pressure on the capital market is expected to decrease gradually in 2023, experts forecast.
Despite being affected by general difficulties, the growth rate of the construction industry achieved about 8-8.5% this year, contributing to bringing the economy's overall growth rate surpassing the 6-6.5% plan set by the Government.
The Government has disbursed more than VND910 billion (US$38.5 million) for the implementation of the Cat Linh–Ha Dong urban railway project.
Vietnam's industrial sector grew by 9% in 2022, according to a report published on December 26 by the Ministry of Industry and Trade (MoIT).
With the Lunar New Year (Tet) around the corner, retailers are scrambling to stockpile goods to meet the imminent surge in demand.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed banks to continually reduce input costs with an aim to cut loan interest rates.
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.