VOV.VN - The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.
VOV.VN - The recent surges in the price of food and petrol has led to the consumer price index (CPI) to rise by 1.92% in the first quarter of the year while core inflation also soared by 0.81%, the General Statistics Office (GSO) announced on March 29.
VOV.VN - The Vietnamese economy maintained its strong recovery with gross domestic product (GDP) during the first quarter growing by 5.03%, while inflation and consumer price index continued to be controlled, according to the latest figures given by the General Statistics Office (GSO).
VOV.VN - Vietnamese foreign exchange reserves have increased considerably over recent years and are expected to remain on an upward trajectory moving forward despite unfavourable factors, according to international financiers the World Bank (WB) and the International Monetary Fund (IMF).
VOV.VN - VinaCapital, one of Vietnam’s most experienced asset management companies, has forecast that the country’s GDP growth rate this year is likely to expand by 6.5%, or 1% lower than its previous forecast.
Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.
VOV.VN - High domestic petrol prices have put greater pressure on production and business services, especially on transportation and production of consumer goods that fall victim to recent price hikes.
VOV.VN - Vietnam’s merchandise trade balance remains in surplus, despite an export slowdown, while FDI commitment and disbursement enjoyed a solid start to the year, according to the “Vietnam Macro Monitoring” monthly report released by the World Bank.
An article recently published on the East Asia Forum site assessed prospects and challenges facing the Vietnamese economy this year.
Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the US Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open.