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Vietnam: Bank loans rise despite pandemic

Despite being strongly affected by the COVID-19 pandemic, bank loans in the first nine months of this year kept rising compared to the same period last year, deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu said. During a press conference held on Tuesday, Tu said as of October 7, the credit […]

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Thailand: Economy bottomed out in Q3 – central bank minutes

Thailand’s economy bottomed out in the third quarter of this year and will continue to recover, although uncertainty remains high, based on the minutes of the central bank’s last policy meeting released on Wednesday. Pent-up demand is expected to support the economic recovery throughout 2021, following progress in Covid-19 vaccinations and an earlier-than-expected relaxation of […]

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