VOV.VN - Amid global uncertainties Vietnam will continue to pursue the goal of maintaining macroeconomic stability, controlling inflation, promoting growth, and ensuring major balances of the economy, said Deputy Prime Minister Le Minh Khai while addressing lawmakers at the ongoing session of the National Assembly in Hanoi on May 22.

Vietnam witnessed declines in both exports and imports in the first four months of 2023, and exploring new markets is now considered one of the solutions to foreign trade bottlenecks.

Economic difficulties are on the shoulders of the banking industry as it has to stabilise the macro-economy, control inflation, and support economic growth and businesses, experts have said.

VOV.VN - Vietnamese overseas remittances to Ho Chi Minh City reached more than US$2.1 billion in the first quarter this year, up 19.41% year on year, amid economic difficulty, Tuoi Tre (Youth) newspaper reported.

VOV.VN - Vietnamese shrimp exports are anticipated to undergo a series of challenges caused by the global inflation and economic downturn this year, leading to a decline in consumption demand in major markets, according to details given by the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Vietnamese seafood currently has secured a firm foothold in the Australian market, accounting for 23% of Australia's total aquatic imports last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - The garment industry has been struggling to deal with a serious shortage of export orders over the past few months, and the challenging period is forecast to last for several months more.

Fisheries export value was estimated at US$1.85 billion in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

VOV.VN - Vietnam’s export of several key agro-forestry-aquatic products endured a sharp drop on the impact of rising inflation globally, causing its first-quarter export turnover to decline by 14.4% year on year to US$11.2 billion, according to the Ministry of Agriculture and Rural Development (MARD).