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Vietnam Economy

NA Economic Committee urges more interest rate cuts in 2024

HCMC – The National Assembly (NA) Economic Committee has recommended interest rates should be further cut next year to make loans cheaper for businesses. The...

NA Economic Committee skeptical about monetary policy

HCMC - The National Assembly Economic Committee has expressed skepticism about the way the central bank has regulated the monetary market this year, saying...

Vietnam’s public debt-to-GDP ratio declines

HCMC - Vietnam's public debt-to-GDP ratio has been inching down steadily since 2018, at 37.4% of the country’s gross domestic product (GDP) as of 2022. Foreign...

CPI forecast to rise over 3% in 2023

HCMC - Vietnam's consumer price index (CPI) this year is projected to rise in the range of 3.2-3.6%, according to the Ministry of Finance. Based...

Bright outlook for Vietnam’s economy – EuroCham report

HCMC - The European Chamber of Commerce Vietnam (EuroCham) has released its Business Confidence Index (BCI) for the third quarter of 2023, offering a...

Government proposes borrowing US$27.5 billion in 2024

HCMC – The Government has put forth a proposal to borrow VND676 trillion (US$27.5 billion) in 2024 to address budget deficit, service existing debt...

State budget deficit seen reaching 4% of GDP

HCMC - Vietnam's state budget deficit this year is expected to account for 4% of gross domestic product (GDP), below the 4.42% projected by...

Jan-Sept State budget revenue drops 8.3%

HCMC - Vietnam’s State budget revenue in the year to end-September had declined by 8.3% over the same period last year, according to the...

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