11:28 AM @ 20/12/2021
Reports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system.SEE MORE03:54 PM @ 17/12/2021
The local media have featured several articles which reported that higher fuel price had adversely impacted the economic recovery. In addition to direct effects on consumers and the transport sector, high fuel price also exerts an indirect influence on the entire economy of the next production cycle when almost all industries have to use inputs—which entail transport services and other products whose prices have been higher since the preceding production cycle. Therefore, cuts on fuel taxes and fees will finally help spur the economic growth all are looking forward to.SEE MORE03:10 PM @ 17/12/2021
The State Bank of Vietnam (SBV) is still intensifying the degree of monetary easing, even when many other countries have recently opted for doing just the opposite. Keeping an expansionary monetary policy in Vietnam is necessary in the context the economy is in the early stage of recovery and the majority of enterprises are in dire need of capital to restore their production and business activities.SEE MORE04:41 PM @ 16/12/2021
Oil prices rose on Thursday as U.S. implied consumer petroleum demand surged to a record high in the world's top oil consumer, even as the Omicron variant of the coronavirus threatens to dent oil consumption globally.SEE MORE04:03 PM @ 16/12/2021
The Vietnamese dong has appreciated by around 2 percent against the US dollar in the last eleven months of this year. It is now to be seen whether this trend will continue in the coming year or not.SEE MORE
