For the time ahead, the State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy basing on market developments and forecasts for the macro-economy, SBV Deputy Governor Dao Minh Tu told a meeting on April 22. This monetary policy is meant to control this year’s inflation within the targeted ceiling of about […]
Read MoreThe consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts. Last year saw the novel coronavirus (COVID-19) pandemic negatively impact the world’s economy and international trade, with interruptions in the global supply chain causing a slowdown to all […]
Read MoreFour foreign companies have registered trademark protection for Vietnam’s ST25 rice in the U.S., which may choke off Vietnamese food exporters tapping the market later, according to Vu Ba Phu, director of the Trade Promotion Department under the Ministry of Industry and Trade. Pham Minh Thien, general director of the Dong Thap-based Co May Co. […]
Read MoreEasing monetary and fiscal policies in combination with institutional reforms are the way for Vietnam to ensure sustainable and rapid economic growth amid global uncertainties. Breakthroughs in institutional reform along with easing monetary and fiscal policies would help Vietnam’s GDP growth to average 6.76% in the 2021-2023 period, with the growth rate this year of […]
Read MoreThe central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year. Vietnam’s credit growth as of April 16 reached 3.34% against late 2020 and a surge of over 15% compared to the same period of last year. The […]
Read MoreThe price of pepper, known as black gold, is increasing sharply. However, Vietnam’s pepper growers are not sure how long the price will be maintained. New road for VN pepper Unlike others, pepper farmer Nguyen Tan Cong from Dak Doa district in the Central Highlands province of Gia Lai was calm before the price fever. […]
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