Page 5 – ASEAN Economic Community Strategy Center

Thailand: Baht could weaken to 36.05 today: market strategist

The baht opened at 35.94 to the US dollar on Wednesday, the highest in five years, weakening from Tuesday’s close of 35.80. The currency is expected to move between 35.85 and 36.05 during the day, predicted Krungthai Bank market strategist Poon Panichpibool. He said the baht weakened quickly, closing in on the 36 level mainly […]

Most Vietnamese need about 12 years of savings to buy a car

With the average income per capita of VND4.25 million a month in 2020, Vietnamese people would have to save money for 12 years to buy a car worth VND600 million (US$30,000). According to Vietnam Register (VR), 4.512 million cars were in circulation in Vietnam as of November 2021, or 46 cars for every 1,000 people. […]

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Thailand: Baht could weaken to 36.05 today: market strategist

Most Vietnamese need about 12 years of savings to buy a car