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Ho Chi Minh City
Thursday, April 25, 2024

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inflation

HSBC: Vietnam’s inflation looms large

HCMC – Inflation has surpassed Vietnam’s target despite the country’s efforts to keep it under control, according to HSBC Global Research. The State Bank of...

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...

Govt projects GDP growth at 6.5% next year

HCMC – The Government has projected the country’s gross domestic product (GDP) growth at 6.5% in 2023, saying it is achievable despite challenges ahead. The...

Contrasting colors

Overall, the HCMC economy has changed for the better, but certain industries have yet to get back to stable growth. Woodworking industry faces uncertainty While several...

Exports of wood products decline after years of growth

HCMC – After years of double-digit growth, the wood products export value in the first eight months fell by 3% year-on-year, according to the...

CPI in August rises slightly

 Vietnam’s consumer price index (CPI) in August has risen a fractional 0.005% month-on-month, according to data of the General Statistics of Vietnam (GSO).

Wood firms struggle due to canceled export orders

HCMC - High inflation and market volatility have led to the cancelation of large numbers of wood orders, placing wood processing enterprises in Vietnam...

Feeling the pinch of global demand slump

In June, textile, leather and wood businesses were concerned the shortage of labor could make it hard to fulfill export orders. But in August,...

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