Tag: inflation
Retail market predicted to bustle in 2023
Although 2023 is forecast to see many difficulties, experts expect this is a recovery year of the retail sector after COVID-19 pandemic as there are many signs showing the return of investors and higher demands.
AMRO revises Vietnam's 2023 GDP upward despite regional slowdown
Vietnam’s GDP growth in 2023 has been adjusted upward to 6.8% in the ASEAN+3 Macroeconomic Research Office (AMRO)’s January Update, up from 6.5% in its October report.
Aquatic exports to set to face numerous challenges this over coming year
VOV.VN - Despite Vietnamese seafood exports reaching a record high of US$11 billion last year, the fisheries sector is anticipated to encounter numerous difficulties in the year ahead due to high inflation globally which will lead to consumers moving to tighten their spending.
Cashew industry sets export target of US$3.1 billion in 2023
VOV.VN - Facing a range of external factors such as globally high inflation, economic recession, and the impact of the Russia-Ukraine conflict, the local cashew sector aims to rake in US$3.1 billion from exports this year.
Asian, Vietnamese tourists eager to travel internationally
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.
Inflationary pressure manageable for Vietnam in 2023: experts
The inflationary pressure on Vietnam in 2023 may not be high, said experts at a conference in Hanoi on January 4.
Pepper export value hits US$963 million last year
VOV.VN - Despite enduring numerous difficulties including global high inflation, weak consumption demand, and China's 'Zero-COVID' policy, Vietnamese pepper exports last year edged up 2.7% to reach US$963 million in value compared to 2021, according to industry insiders.
Pressure on capital market forecast to ease in 2023
Despite many difficulties due to increasing interest rates, the pressure on the capital market is expected to decrease gradually in 2023, experts forecast.
A dual success of Vietnamese economy
VOV.VN -Vietnam has successfully weathered the COVID-19 crisis and overcome other global challenges to write its own success story in 2022, with GDP growth recorded at 8.03% and inflation controlled at 3.15%.
Credit growth hits about 13%
Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.
