Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the U.S. Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open. Dr. Vu Dinh Anh, an economist, forecast Vietnam’s economy will soon recover and regain her pre-pandemic growth rate due […]
Read MoreThe government is planning to reopen the Thai-Malaysia border next month to stimulate tourism and the economy in the deep southern provinces. Deputy government spokeswoman Rachada Dhnadirek says Prime Minister Prayut Chan-o-cha has ordered the Centre for Covid-19 Situation Administration (CCSA) and the tourism and sports emergency operation centre to outline pandemic mitigation measures for […]
Read MoreKUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as the geopolitical tensions in Eastern Europe have escalated, leading to risk aversion in the financial market, an analyst said. At 9 am, the local currency fell to 4.1890/1925 versus the greenback from Friday’s close of 4.1885/1910. Bank Islam Malaysia Bhd chief economist […]
Read MoreApproximately $2.295 billion was collected as customs revenue in 2021, about 97.1 percent of the yearly plan, according to the data from the General Department of Customs and Excise (GDCE). The data was shared in a meeting held here yesterday under the chairmanship of Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance. Of […]
Read MoreMANILA, Philippines — The Philippines is not expected to accord a legal tender status on cryptocurrencies even if the country may support policies on its use moving forward. In its latest analysis, UK-based The Economist Intelligence Unit (EIU) said the Philippines displays the most benign attitude toward cryptocurrency. But it said the government is expected […]
Read MoreVietnam has a wide range of domestic energy sources such as crude oil, coal, natural gas and hydroelectricity, which have played an important role in economic development for decades. Prior to 2015, exports of crude oil and coal contributed largely to Vietnam’s state budget. However, since 2015, with great fluctuations in energy import and export […]
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Thailand
