10:32 PM @ 13/04/2022
Standard Chartered has predicted Vietnam’s inflation at 4.2% this year, exceeding the target of below 4% set by the National Assembly, and said it could be even higher in the following years.SEE MORE03:48 PM @ 13/04/2022
The ASEAN+3 (Association of Southeast Asian Nations plus China, Japan and Korea)'s economic growth is expected to normalise this year as the COVID-19 pandemic recedes. However, rising geopolitical uncertainty over Russia-Ukraine is overshadowing the outlook.SEE MORE03:34 PM @ 13/04/2022
If Vietnam doesn’t change the way of assessing state owned enterprises (SOEs), enterprises will not be motivated to develop and will maintain low growth rates to “stay safe”.
On March 17, the Government approved a plan on restructuring SOEs in 2021-2025. SOEs have had 35 years (1986-2021) and will have another five years to undergo restructuring.SEE MORE10:08 AM @ 13/04/2022
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,108 VND/USD on April 12, up 5 VND from the last working day of previous week (April 8).SEE MORE05:12 PM @ 12/04/2022
Oil prices climbed on Tuesday on easing concerns about demand in China after Shanghai relaxed some COVID-19-related restrictions and OPEC warned it would be impossible to increase output enough to offset lost Russian supply.SEE MORE
