Tag: inflation
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.
Strong performance across spheres boosts Vietnam’s economy: ADB Country Director
Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors.
Vietnamese logistics firms to face challenges due to global certainties
VOV.VN - Local export and logistics businesses are anticipated to enduring difficulties moving forward due to factors such as high inflation and the risk of a global economic recession, according to insiders.
ADB raises 2022 economic growth projection for Vietnam to 7.5%
VOV.VN - The Asian Development Bank (ADB) has raised its economic growth forecast for Vietnam this year to 7.5%, despite regional and global gloom, the bank said in a regular supplement to the Asian Development Outlook (ADO) 2022 released on December 14.