Thailand’s cabinet has agreed to allow 500,000 foreign workers from Laos, Cambodia, Myanmar, and Vietnam to stay until the end of the month, to sort out their work permits to legally work and live in the country. Traisuree Taisaranakul, the Deputy government spokeswoman, said on Thursday that the agreement was reached on 4 June, following an amnesty program […]
Read MoreDespite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting broad-based challenges. Despite this, the bank points out that there will be a meaningful rebound occurring ahead in the fourth quarter of […]
Read MoreHANOI: The goal of keeping inflation under 4.5% this year is totally feasible, as the rate will likely range between 2.5 and 3.5%, according to experts. Vice-director of the Institute of Economics and Finance under the Academy of Finance Nguyen Duc Do analysed that factors like money supply, interest rates and aggregate demand not only […]
Read MoreAt present, Cambodia is the fastest-reviving tourism market of Vietnam with a rise of almost 338% in the first half of 2023 in opposition to the levels of pre-pandemic times, followed by India at almost 236%. Laos was positioned third with a rise of 117%, followed almost 108% Thailand and Singapore 107%, as per the […]
Read MoreThe goal of keeping inflation under 4.5% this year will be totally feasible, as the rate may range between 2.5-3.5%, experts said at a seminar held in Hanoi on July 4. Vice Director of the Institute of Economics – Finance under the Academy of Finance Nguyen Duc Do analysed that factors like money supply, interest […]
Read MoreThe stock market has been fluctuating heavily because of profit-taking pressure. However, there has been no sign of cash withdrawal as foreigners continue to buy. The stock market on June 26-30 saw strong selling pressure late last week after the General Statistics Office (GSO) released statistics about the macroeconomic situation in the second quarter which […]
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