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Vietnam a 'bright spot' in world economy: NA

Vietnam a 'bright spot' in world economy: NA

Vietnam is a bright spot on the gloomy global economic scene, the head of the National Assembly's Economic Committee, Vu Hong Thanh, has said.
Economy to rebound in Q4: HSBC

Economy to rebound in Q4: HSBC

Vietnam’s economy is expected to rebound in the last quarter this year and might finish the year with a 5% GDP growth, HSBC has forecast.
June 20, 2023 | 03:35 pm PT
Interest rate cut expected to pump economy up

Interest rate cut expected to pump economy up

The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
June 19, 2023 | 11:58 pm PT
Trillions are expected to move into property market

Trillions are expected to move into property market

Recent interest cuts by the State Bank of Vietnam (SBV) could send trillions of dong (VND1 trillion = US$42.5 million) in savings into the property market, according to the Vietnam Association of Realtors (VARs).
June 17, 2023 | 10:51 pm PT
Vietnam cuts interest rates again to spur growth

Vietnam cuts interest rates again to spur growth

Vietnam’s central bank said on Friday it was cutting its key interest rates by 50 basis points, its fourth policy rates adjustment this year, to support slowing economic growth amid global uncertainties.
June 15, 2023 | 10:46 pm PT
Layoffs hit textile-garment workers hardest

Layoffs hit textile-garment workers hardest

Textile and garment workers make up most workers discharged in the first five months of the year due to difficult economic conditions.
June 5, 2023 | 02:30 am PT
Why haven't big banks reduced lending interest yet?

Why haven't big banks reduced lending interest yet?

It is the enterprises and the people who support the strong development of large banks, so at this time, it is very necessary for the joint effort and unity of the banks to work for us.
May 3, 2023 | 04:00 pm PT
Average workers' monthly income reaches $336

Average workers' monthly income reaches $336

The average monthly income of Vietnamese workers in the first quarter of 2023 was VND7.9 million ($336), the Ministry of Planning and Investment reported.
April 23, 2023 | 04:44 am PT
Gasoline prices down

Gasoline prices down

The price of Vietnam’s best-selling gasoline RON 95-III fell VND610 to VND23,630 ($1) per liter on Friday, while E5 RON 92 prices dropped VND490 to VND22,680.
April 21, 2023 | 06:47 am PT
Tourism industry waits for visa breakthrough policies in May

Tourism industry waits for visa breakthrough policies in May

The government's proposal to ease via restrictions will create "a strong boost" for the tourism industry and the entire economy if approved by the National Assembly next May, according to tourism insiders.
April 1, 2023 | 12:00 am PT
Vietnamese businesses earn billion-dollar profits in 2022, despite challenges

Vietnamese businesses earn billion-dollar profits in 2022, despite challenges

Despite the global recession in 2022, several Vietnamese firms still recorded strong growth and earned billions of dollars in profits.
January 25, 2023 | 05:00 am PT
Vietnam's GDP growth: relieved and concerned

Vietnam's GDP growth: relieved and concerned

Never before has the country's GDP growth rate made me both happy and sad, relieved and concerned like the 8% figure for 2022.
January 16, 2023 | 03:31 pm PT
China reopening to impact Vietnam economy from mid-2023: economists

China reopening to impact Vietnam economy from mid-2023: economists

China’s reopening will have a positive impact on the global economy including Vietnam’s from mid-2023, economists have said.
January 16, 2023 | 02:30 am PT
Economy could grow at 6.83% this year: think tank

Economy could grow at 6.83% this year: think tank

Vietnam’s GDP could grow by up to 6.83% this year, 0.33 percentage points higher than the government's target, the Central Institute for Economic Management said Thursday.
January 12, 2023 | 07:25 pm PT
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