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Tag: inflation

SBV Governor stresses importance of proactive, flexible response to changes
SBV Governor stresses importance of proactive, flexible response to changes

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has underlined the need for proactive and flexible response to changes to control inflation and stabilise the macro-economy while talking about some issues mentioned by legislators on October 28.

SBV Governor stresses importance of proactive, flexible response to changes

SBV Governor stresses importance of proactive, flexible response to changes

Bank rate hikes affect businesses in dire need of capital for production
Bank rate hikes affect businesses in dire need of capital for production

VOV.VN - Despite banks moving to raise interest rates that has caused numerous difficulties for businesses, the move could be viewed as a necessary step toward maintaining the stability of the forex market and ensuring anti-inflation requirements.

Bank rate hikes affect businesses in dire need of capital for production

Bank rate hikes affect businesses in dire need of capital for production

Overseas remittances to HCM City reach US$4.78 billion in nine months
Overseas remittances to HCM City reach US$4.78 billion in nine months

VOV.VN - The flow of overseas remittances to Ho Chi Minh City stood at an estimated US$4.78 billion during the opening nine months of the year, equal to 68% of the amount recorded in 2021, the State Bank of Vietnam’s branch in the southern city has reported.

Overseas remittances to HCM City reach US$4.78 billion in nine months

Overseas remittances to HCM City reach US$4.78 billion in nine months

Tuna exports to gross US$1 billion this year
Tuna exports to gross US$1 billion this year

VOV.VN - With tuna exports surging by 55% to nearly US$808 million during the past nine months of the year, the tuna industry is anticipated to rake in US$1 billion this year, according to figures compiled by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Tuna exports to gross US$1 billion this year

Tuna exports to gross US$1 billion this year

Vietnamese wood exports to US surge over nine-month period
Vietnamese wood exports to US surge over nine-month period

VOV.VN - The opening nine months of the year witnessed the export of timber and wooden products to the United States grow by 1.9% to US$6.8 billion on-year, according to details given by the General Department of Vietnam Customs.

Vietnamese wood exports to US surge over nine-month period

Vietnamese wood exports to US surge over nine-month period

Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%
Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%

Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0% to reflect robust Q3 growth of 13.7% year-on-year. The last quarter 2022 growth is anticipated at 4.0%.

Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%

Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%

Vietnam’s GDP projected at 7% in 2022: AMRO
Vietnam’s GDP projected at 7% in 2022: AMRO

The ASEAN+3 Macroeconomic Research Office (AMRO) has joined many international organisations in revising up Vietnam’s GDP growth this year thanks to the country’s strong performance since early this year and success in containing inflation.

Vietnam’s GDP projected at 7% in 2022: AMRO

Vietnam’s GDP projected at 7% in 2022: AMRO

Vietnam GDP growth likely to hit 8% this year in base-case scenario
Vietnam GDP growth likely to hit 8% this year in base-case scenario

VOV.VN - The Vietnamese economy is anticipated to expand 8% this year in the base-case scenario, providing that there are no adverse external factors facing the national economy in the remaining months of the year, according to the Ministry of Planning and Investment (MPI).

Vietnam GDP growth likely to hit 8% this year in base-case scenario

Vietnam GDP growth likely to hit 8% this year in base-case scenario

Vietnam expects greater support from IMF
Vietnam expects greater support from IMF

VOV.VN - Prime Minister Pham Minh Chinh has suggested that the IMF make it a priority to support Vietnam as a developing country, particularly one that has experienced many years of war, with its economy currently being in transition and still facing numerous challenges.

Vietnam expects greater support from IMF

Vietnam expects greater support from IMF

Vietnam is becoming a beacon in the region: The Brussels Times
Vietnam is becoming a beacon in the region: The Brussels Times

The Brussels Times of Belgium has run an article highlighting that Vietnam - a development partner of the EU in the Indo-Pacific - is becoming a beacon in the region with the capacity to control inflation and maintain economic growth at a high level despite turbulent international affairs.

Vietnam is becoming a beacon in the region: The Brussels Times

Vietnam is becoming a beacon in the region: The Brussels Times

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