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.
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.
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).
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.
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%.
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.
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).
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.
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.
VOV.VN - Vietnam’s gross domestic product (GDP) growth in the third quarter of the year recorded a sharp rise of 13.67% year-on-year, raising its nine-month GDP growth rate to 8.83%, the highest figure over the past 11 years, the General Statistics Office (GSO) unveiled on September 29.