Mainland shipments of foldable smartphones reached 7.01 million units last year, up 114 per cent from 3.2 million in 2022, according to tech market research firm IDC.
The timing of the RBI move also suggests it is now sanguine about consumption recovery and industrial credit revival. Its monetary tightening cycle has been particularly sensitive to sacrificing growth, and the squeeze on consumer credit is being applied when its impact is unlikely to be felt acutely.
The Vietnamese real estate market showed mixed results in 2022 with a boom in the first half of the year and a downturn in the second half, according to Nguyen Manh Ha, Vice Chairman of the Vietnam National Real Estate Association.
Economic cooperation plays a pivotal role in the Vietnam-France strategic partnership, affirmed Vietnamese Prime Minister Pham Minh Chinh and his French counterpart Elisabeth Borne during their phone talks on November 28.