Raphael Mok News Today

The Bangko Sentral ng Pilipinas may raise key interest rates by at least 75 basis points more for this year as inflation is seen hitting the upper end of the target band only by the fourth quarter.

Vietnam is one of the few Asian countries that has not suffered an economic downturn in two years of Covid-19. This year, Vietnams GDP is forecast to increase by about 5.5%, according to the World Bank.

Vietnam is said to be a destination for many major companies in the world, as the disruption of production activities due to the COVID-19 pandemic in China has forced them to find ways to move part of their production lines out of this country.

Vietnam is said to be a destination for many major companies in the world, as the disruption of production activities due to the COVID-19 pandemic in China has forced them to find ways to move part of their production lines out of this country.

Vietnam economy, Vietnam business news, business news, Vietnam news, vietnamnet news, Vietnam latest news,

Vietnam economy, Vietnam business news, Vietnamnet global, vietnam news, Vietnam breaking news, Vietnam latest news

Vietnam's active economic performance in recent years has captured the attention of some major European firms, said German English-language news site DW in a June 8 article.

A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam's strong economic performance in recent years has drawn the attention of European firms.

A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam's strong economic performance in recent years has drawn the attention of European firms.

Uncertainty over the International Monetary Fund's bailout plan weigh on the currency.