Vietnam economic rebound forecast for second half

Vietnam economic rebound forecast for second half

Vietnam’s economy in the second half of this year is set to pick up again after slow growth in the first half, but its full-year growth would be slower than earlier predicted, HSBC and DBS Bank said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seeks to enhance credit growth as H1 tally falls short at 3.36%

Vietnam seeks to enhance credit growth as H1 tally falls short at 3.36%

Vietnam needs to lift credit growth in the second half of this year after the first half’s growth fell below expectations, State Bank of Vietnam Deputy Governor Dao Minh Tu said on Wednesday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank expected to further cut rates in Q3: HSBC

Vietnam central bank expected to further cut rates in Q3: HSBC

The State Bank of Vietnam (SBV) is expected to deliver one more 50-basis point rate cut in the current easing cycle, sometime in this year’s third quarter, to further support the country’s growth, HSBC Vietnam said.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank makes fourth rate cut to support economy

Vietnam central bank makes fourth rate cut to support economy

The State Bank of Vietnam (SBV) announced on Friday that it is cutting its refinance and discount rates by 50 basis points from Monday to spur the country’s growth amid prolonged global economic headwinds.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam on the path to growth

Vietnam on the path to growth

Vietnam is well-positioned for growth as it is an example of a country experiencing success in navigating multilateral trade, wrote Nathan Hunt, head of content, social media & digital marketing, S&P Global.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's GDP forecast to reach 6.3% in 2023: World Bank

Vietnam's GDP forecast to reach 6.3% in 2023: World Bank

Vietnam’s economic expansion might ease to 6.3% in 2023 from a robust 8% last year, reflecting domestic and external headwinds, the World Bank said in Hanoi on Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Challenges still loom for Vietnam's monetary policy: central bank official

Challenges still loom for Vietnam's monetary policy: central bank official

Regulators in Vietnam will continue to face global economic headwinds in 2023, including challenges in running monetary policy, said a director of the State Bank of Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7