The Vietnamese Government continues to exercise monetary policies to contain inflation, stabilize macro-economic conditions, and support economic recovery. The State Bank of Vietnam (SBV) is committed to continuing to address issues of concern for the US, to ensure a balanced, sustainable, and harmonious bilateral trade relationship. The country’s central bank made the statement in response […]
Read MoreVietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry. One of them is related Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank). Vietcombank will carry out a private placement of 6.5 percent of its capital. If successful, the deal will […]
Read MoreBehind the good news that in the first quarter of 2022, for the first time in history, the number of newly registered businesses in a month exceeded 15,000, there were still worries about the “health” of many others. “In some articles, I mentioned the slow implementation of support packages. Vietnamese enterprises are still struggling. Within […]
Read MoreThe gap in gold prices between Vietnam and the world has reached VND18 million per tael. Experts say it’s still unclear how to solve the problem. Closing the last trading session last week, SJC bullion gold prices in Hanoi climbed to VND68.75 million per tael (buying) and VND69.65 million (selling), while the prices were VND68.75 […]
Read MoreIf the growth rate is maintained at a high level, Vietnam’s retail market may reach US$200 billion in the next two years, experts have said. The coming of giants Uniqlo, the fashion retail giant from Japan, has opened a new store in central District 1 in Ho Chi Minh City on an area of more […]
Read MoreThe Government’s efforts have resulted in a modest rise of 0.09% in the average interest rates against early 2021. The State Bank of Vietnam (SBV) considers lowering interest rates to aid businesses and people as one of its key tasks. SBV Governor Nguyen Thi Hong gave the remarks when she appeared before the National Assembly […]
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