The Hanoitimes – The credit growth target has been set at 17% this year, meaning that credit can grow an additional 6-7% in the final three months. The Vietnamese government has much room left to maneuver its monetary policy from now to the year-end to spur economic growth while putting an eye on rising inflation. Official […]
Read MoreThe Hanoitimes – Operating conditions have now improved in each of the past 34 months. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) dropped to 51.5 in September from 53.7 in August, indicating a further slowdown in growth momentum in the manufacturing sector, according to Nikkei and IHS Markit. A reading below the 50 neutral […]
Read MoreThe Hanoitimes – After a long time making merger and acquisition (M&A) deals to set foothold in Vietnamese market, foreign retailers are ramping up their expansion plans to gain more market share here. Central Group, Thailand’s largest retail conglomerate, has recently planned to spend as much as US$500 million to expand its retail network in Vietnam […]
Read MoreThe Hanoitimes – Core inflation in September picked up 0.14% month-on-month, resulting in an increase of 1.61% year-on-year on average in the January – September period. Vietnam’s CPI, a gauge of inflation, saw a sharp increase by 0.59% in September against the previous month, and up 3.98% year-on-year, according to the General Statistics Office (GSO). The […]
Read MoreThe Hanoitimes – Manufacturing remained the driving force of the economy with the increase rate of 12.65%, contributing 2.56 percentage points to the overall growth. Vietnam posted year-on-year GDP growth of 6.98% in the first nine months of 2018, the best first-nine-month performance since 2011, the General Statistics Office (GSO) said on September 28. Specifically, GDP […]
Read MoreTHE TARGET for bilateral trade between Thailand and Vietnam has been set at US$20 billion by 2020, said Thai-Vietnam Business Council’s president Sanan Angubolkul during an interview with The Nation yesterday. In 2017, Thai-Vietnamese bilateral trade stood at US$16 billion in total value. Of which, Thailand exported up to US$11 billion worth of products to […]
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