Vietnamese lenders are hoping for at least 20% – 30% growth in their earning this year in the light of the country’s promising economic outlook.
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.
The State Bank of Vietnam (SBV) has to continually inject money to support the liquidity of the banking system as the capital demand and interest rates on the interbank market have remained high though the Tet (Lunar New Year) holiday ended.
Emerging markets (EM) like Vietnam can provide potential growth opportunities for investors who do their due diligence, according to an article published by ETF Trends, a leading source in Exchange Traded Funds (ETF) news of the US.
VOV.VN - To control the CPI growth rate at approximately 4% in 2022 according to the target set by the National Assembly the price management should continue to be implemented flexibly from the first months of the year to remove difficulties for production and business activities, and people's life.
Vietnam’s recovery is set to gather momentum in 2022, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.
VOV.VN - The nation has risen a total of 28 places to reach 90th position in the latest edition of Nikkei's COVID-19 Recovery Index which was issued in early February.
VOV.VN - Domestic gold prices fluctuated sharply as they hit a new peak exceeding VND63 million per tael on February 7, thereby reaching a new all-time high.
VOV.VN - The Government has issued a resolution on the overall socio-economic recovery programme worth VND350 trillion (US$15 billion) which was approved by the National Assembly a couple of weeks ago.
VOV.VN - The consumer price index (CPI) for January increased by 0.19% month on month and by 1.94% year on year, fuelling core inflation for January to rise by 0.22%, according to the General Statistics Office (GSO).