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Tuesday, August 9, 2022

CATEGORY

Vietnam Economy

Ten commodities groups push CPI in May up 0.38%

HCMC – A hike in prices of fuels, food and foodstuffs, and necessities has resulted in Vietnam’s consumer price index (CPI) this month rising...

S&P upgrades Vietnam’s sovereign credit rating

HCMC – S&P Global Ratings has upgraded Vietnam’s long-term sovereign credit rating to BB+ from the BB level with a stable outlook. The credit rating...

2% interest rate aid package worth VND40 trillion launched

HCMC – The Government has issued a decree on a relief package worth VND40 trillion offering an interest rate of 2% for loans to...

Vietnam’s inflation likely to reach 4.2% in 2022: ADB, BIDV

HCMC – Inflation in Vietnam is projected to rise sharply to 3.8-4.2% this year and remain at 4% next year, according to a report...

Over VND109 trillion for post-pandemic economic recovery

HCMC – Following several proposals over financial and monetary policies for the post-Covid socio-economic recovery and development, the Government plans to spend some VND109.2...

Vietnam to return to pre-pandemic growth after one more year: Nielsen

HCMC – Vietnam is recovering its economy after being hit by the Covid-19 pandemic and it will take the country about 12 more months...

CPI inches up 0.18% in April

HCMC - Vietnam’s Consumer Price Index (CPI) in April edged up 0.18% month-on-month, mostly due to the rising prices of building materials, according to...

Gov’t borrows VND54 trillion from Jan-Apr

HCMC – The Government’s debt totaled VND54 trillion in the first four months of the year. The Department of Debt Management and External Finance under...

Retail sales bounce back

HCMC – The domestic retail market has bounced back after the Covid pandemic, fetching VND1,777 trillion in total retail sales of consumer goods and...

Shortage of material imports from China slows order growth

HCMC – The rise in new orders has been slower as some customers have been deterred by sharp price rises, in addition to difficulties...

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