HANOI: Vietnam is not in a deal with Thailand to jointly raise rice prices, Le Minh Hoan, Vietnam’s Agriculture and Rural Development Minister Le Minh Hoan said on Thursday. The two Southeast Asian countries’ agriculture ministries “have only conducted general cooperation activities,” the agriculture minister said in a statement during a government meeting in Hanoi. The […]
Read MoreVietnam’s economy recovered faster than expected in the first half of 2022 and continues to grow amid the challenging global environment. Vietnam’s strong economic fundamentals are driving an economic rebound which maintains its favorable economic outlook for the country with an expansion rate of 6.5% in 2022 and 6.7% in 2023, according to ADB. ADB Country […]
Read MoreThe Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where interest rates are expected to be hiked by three-quarters of a point again. The State Bank of Vietnam (SBV) set the central foreign exchange rate at VND23,301 per U.S. dollar on September 20, […]
Read MoreThailand and Vietnam have surpassed Singapore as the top crypto trading centers among the ten members of the Association of Southeast Asian Nations (ASEAN). Nikkei reports that according to data provided on Wednesday by blockchain data company Chainalysis, the two ASEAN members reported over USD 100 billion in crypto trade values between July 2021 and June 2022. […]
Read MoreVietnam is anticipated to be placed among the top 15 with the largest GDP based on purchasing power parity (PPP) in Asia this year, according to the latest projections made by the International Monetary Fund (IMF). China is forecast to become the economy with the largest GDP by purchasing power parity (PPP) in Asia, followed […]
Read MoreThe Asian Development Bank, in its flagship economic update released on September 21 in Hanoi, has maintained its favourable economic outlook for Vietnam, with the country’s GDP projected to expand 6.5% this year and 6.7% next year. According to Andrew Jeffries, ADB country director for Vietnam, the Vietnamese economy recovered faster than expected in the […]
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