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Friday, December 2, 2022
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inflation

Bank deposits surge as interest rates rise

HCMC – Deposits at local banks have soared as interest rates have inched up. Data from the State Bank of Vietnam (SBV) showed that in...

Has the bad news clearly reflected the stock market?

High inflation caused by rising costs and a shortage of input materials cannot be resolved by increasing interest rates. Moreover, getting inflation under control...

UOB forecasts Vietnam’s inflation at 5% in 2023

HCMC - Singapore's United Overseas Bank has forecast Vietnam’s headline inflation rate at 3.7% in 2022 and 5% in 2023 due to multiple challenges...

Between inflation and growth

The Saigon Times interviewed Tran Ngoc Tho, Ph.D, professor at HCMC University of Economics The Saigon Times: Economists have not reached common ground on measures...

The risk of surging deposit rates

In addition to the risk of bad debts owed by Covid-hit customers, the rise of deposit interest rates rapidly rising is seen as the...

Fuel tax cuts as the best inflation countermeasure

Having escalated non-stop for almost a year, inflation has now become an issue of grave concern, threatening the post Covid-19 recovery of economies worldwide In...

Surging fuel prices ratchet up pressure on other goods

HCMC – The soaring prices of gasoline and other fuels have pushed up the prices of other goods and services, such as education, healthcare,...

Domestic airlines offer millions of tickets for summer travel season

 Anticipating that travel demand during the upcoming summer will rise sharply, and even higher than the pre-pandemic levels, local carriers are offering millions of...

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...

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...

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