Duc Quang News Today

The VND-US dollar exchange rate is expected to be on an even keel in the forthcoming time amid abated influencers both at home and abroad.

Inward remittance are predicted to rise further in the next few months.

When competing with China’s massive output, Vietnam’s exports of steel are being hampered.

The availability of cheap capital has the potential to fuel subprime projects and activities, leading to a credit bubble risk for the economy.

Vietnamese businesses anticipate some relief as the central bank slashes interest rates, with credit growth expected to accelerate in the second half of 2023.

When competing with Chinas massive output to meet the rising demand, Vietnams steel exports are hampered.

The USD/VND exchange rate is forecast to abate in the months to come, leveraging diverse supportive factors in both domestic and international markets, as well as central bank movement.

Consumption continues to be a challenge for Vietnam’s steel industry, with manufacturers struggling to ensure output.

After a tumultuous year in 2022 with VND interest rates continuously increasing, it is expected that a sideways trend will prevail in 2023.

Vietnam's Natural Resources and Environment Ministry is developing a legal document to specify fees for recycling products and packages, which is expected to be applicable in 2024.