A recent money market report of Saigon Securities Incorporation (SSI) showed the SBV last week net withdrew a total of VND34.6 trillion through the OMO channel. The State Bank of Vietnam (SBV) has net withdrawn VND57.6 trillion through open market operation (OMO) and foreign currency selling channels to maintain the liquidity of the banking system […]
Read MoreVietnam’s gross domestic product (GDP) grew by 13.67% in the third quarter, according to the General Statistics Office (GSO). The three months posted such high growth as the same period last year which saw the COVID-19 pandemic breaking out strongly and seriously affecting production and business activities. With upbeat signs reported in almost all aspects […]
Read MoreVietnam welcomed about 1.87 million international arrivals in the first nine months of this year, 16.4 times higher than the same period last year but much lower than that in the same time in 2019 before COVID-19 broke out. In September alone, the country saw nearly 432,000 foreign visitors, down 11.2% over the previous month. […]
Read MoreVIETNAM’S economy posted a double-digit growth in the third quarter, reflecting a robust recovery from the pandemic-induced slump a year ago. Gross domestic product rose 13.67 per cent in the 3 months ending September from a year earlier, the General Statistics Office said on Thursday (Sep 29). That compares with a 14.35 per cent median […]
Read MoreJPMorgan analyst expects 20 percent of iPad, 5 percent of MacBook, 20 percent of Apple Watch and 65 percent of AirPods production to be located in Vietnam in 2025. Viet Nam is emerging as the production hub for components (camera modules) and electronic manufacturing services (EMS) of smaller-volume products (Apple Watch, Mac, iPads) and is already […]
Read MoreDisbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown. These positive figures showed that foreign-invested enterprises have been constantly recovering and expanding their production and business activities […]
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