Soothed pressure on VND-USD exchange prospects
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.
Source: vir.com.vn
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Inward remittance likely to spike towards year-end
Inward remittance are predicted to rise further in the next few months.
Source: vir.com.vn
Exporting pressures heaped onto steel enterprises
When competing with China’s massive output, Vietnam’s exports of steel are being hampered.
Source: vir.com.vn
Credit bubble risk reality as banks hit lending capacities
The availability of cheap capital has the potential to fuel subprime projects and activities, leading to a credit bubble risk for the economy.
Source: vir.com.vn
Vietnamese businesses await relief as SBV slashes interest rates
Vietnamese businesses anticipate some relief as the central bank slashes interest rates, with credit growth expected to accelerate in the second half of 2023.
Source: vir.com.vn