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).
VOV.VN - The Ministry of Finance has developed several scenarios to gauge Vietnamese inflation this year, with the ultimate figure likely to be kept at between 3.9% and 4.8%.
VOV.VN - While external woes will likely continue over the near-term, some recovery in the tourism industry may partially cushion some headwinds faced by the national economy this year, according to HSBC experts.
VOV.VN - The Vietnamese economy is likely to recover strongly in the second quarter of the year, according Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered.
VOV.VN - Amid global uncertainties, Vietnam has emerged as an important destination for foreign investors, serving as a driving force for economic growth moving forward, according to international news outlets.
VOV.VN - Vietnamese consumer price index (CPI) in February edged up by 0.45% from the previous month, according to the General Statistics Office on February 28.
VOV.VN - Between the beginning of the year and mid-February Vietnam’s exports decreased by 9.2% to US$37 billion against the same period from last year due to rising inflation in major markets globally, according to the latest statistics compiled by the General Department of Vietnam Customs.
VOV.VN - The import-export turnover of the Vietnamese economy is anticipated to hit a new record high of 2025, providing that businesses continue to make full use of new generation free trade agreements (FTAs), among other factors, says Prof. & Dr. Nguyen Thuong Lang, an expert of the International Business & Economics Institute.
The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening of the US dollar which yields increased import prices.