The government expects a budget deficit of $86.7 billion, or 3.7% of the GDP, in the next five-year period. The government is expected to keep public debt at the maximum of 60% of the GDP, lower than the 65% ratio recorded in the 2016-2020 period, while government and foreign debts should not exceed 50% and […]
Read MorePursuing green growth will help Vietnam find new driving forces for sustainable development and enhance resilience against external shocks. Digitalization and its transformation into a green economy are top priorities for Vietnam to gain higher labor productivity in the future. The combination of these two factors would help boost the country’s productivity by one to […]
Read MoreThe State Securities Commission (SSC) has reported that Vietnam was the second-fastest growing stock market in the first half of the year, despite the fourth Covid-19 outbreak. The VN Index reached new peaks. As of June 30, the VN Index had climbed to 1,408.55 points, up 27.6 percent over late 2020. The liquidity in the […]
Read MoreDo GDP calculations take into account the fact that a taxi driver gets poorer by 10 times more as he has to spend VND100,000 on nCoV testing a day, and informal workers have no access to cheap meals in HCM City? Journalist and Facebooker Hoang Hai Van writes below about his views on HCM City’s […]
Read MoreBanks have reported huge profits for Q2 and H1 due to high credit growth rates and lending interest rates, while capital mobilization cost has been low. SSI Research has released a report estimating the business results in Q2 of 33 listed companies. Most of the banks mentioned in the reports made high profits. The banks […]
Read MoreThe latest price adjustment marked the third consecutive price hiking since late May, resulting in a rise of VND2,190 per liter for E5- RON92, and VND2,250 for RON95. From 15.00 today [July 12], the retail price of biofuel E5 – RON92 rose by VND850 to around VND20,610 (US$0.9) per liter, and that of RON95 went […]
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Thailand
