Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.

Experts have held that the real estate sector will begin a recovery phase in 2023 with many difficulties lying ahead. However, difficult times will present opportunities for long-term investors to buy low.

Although significant challenges remain for the economic and investment environment in Vietnam, there are still opportunities for investors to increase profits through investment channels if they know how to restructure their portfolio, experts have said.

VOV.VN - A conference was held by the Ministry of Industry and Trade on February 3 with the aim of promoting domestic production and consumption and expanding the nation’s export markets in the year ahead.

The race of interest rate hikes among commercial banks is showing signs of cooling down as many banks have adjusted down the rate by several percentage points per year after the Lunar New Year (Tet) holiday and have set stricter conditions for customers to enjoy the high rates.

VOV.VN - Vietnamese exporters are required to swiftly grasp information in order to adjust production activities in line with market conditions amid global high inflation, along with rising domestic exchange rates and interest rates, according to insiders.

VOV.VN - The number of foreign tourists visiting Vietnam during the Lunar New Year (Tet) has increased remarkably, with bookings from foreign citizens making up between 30% and 40% of the country’s total room occupancy rate, according to the Vietnam National Administration of Tourism (VNAT).

VOV.VN - The presence of developing nations like Vietnam – a country which experienced wars for national liberation in the past and has recently recorded significant economic achievements – in the United Nations Human Rights Council (UNHRC) is of major significance.

VNDirect Securities Corporation expects Vietnamese foreign exchange reserves to recover to 3.3 months of imports and reach US$102 billion by the end of this year from the current level of US$89 billion last year, said in its updated macro report.

VOV.VN - Vietnam’s Gross Domestic Product (GDP) is likely to reach 6.83% and inflation to be curbed at below 3.7% this year, according to projections by the Central Institute for Economic Management (CIEM).