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Saturday, December 3, 2022

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Policy space for forex control

With pressure on the local currency still lingering, while resources and vehicles required to stabilize the forex rate are being exhausted, a big question...

Enterprises fret over economic turbulence

The exchange rate and market volatility, alongside inflation, have been challenging many enterprises in Vietnam regarding domestic consumption and import-export management. A plunge of consumption In...

Banks’ optimistic quarterly growth

Bank stocks continue to lag despite lenders posting positive profit growth. A bright picture The National Citizen Commercial Joint Stock Bank (NCB) reported a before-tax loss...

Wise moves needed

The bond market has continued deteriorating since leaders of Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation were detained Bond issues plunge Attention...

Hard choice for logistics hub dream

Both the North Van Phong area in the coastal province of Khanh Hoa and the Chu Lai Airport in the central province of Quang...

Why a wider trading band

The State Bank of Vietnam (SBV) on October 17, 2022 widened the trading band of the Vietnamese dong currency from 3% to 5% on...

A forex policy that can work

It is probably high time for Vietnam to embrace a more flexible forex policy, possibly a measured floating scheme similar to the approach taken...

Risks still abound

Corporate bond market risks are emerging as warned by authorities. Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation are among the...

Gasoline queues

Stabilizing the commodity market and consumer sentiment is of paramount importance to growth and consumption. The recent past saw long queues of people at...

Inflation bites

Dropping global consumption is a challenge for various industries in Vietnam and local businesses might lay off staff or scale down operations. Given runaway...

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