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2021-05-06 04:36:13 GMT2021-05-06 12:36:13(Beijing Time) Xinhua English HANOI, May 6 (Xinhua) -- Vietnam earned over 9.5 billion U.S. dollars from exporting textile and garment in the first four months of this year, up 9 percent against the same period last year, according to the country's Ministry of Industry and Trade on Thursday. In April alone, Vietnam's textile and garment exports rose 42.2 percent year on year to around 2.3 billion U.S. dollars. Over the four-month period, the sector posted positive results as the demand in key markets gradually recovered, coupled with positive i...

Abstract This paper investigates the effect of monetary policy on liquidity creation of commercial banks and if the effect is conditional on bank size. The paper uses a dataset covering 23 Vietnamese commercial banks during the period 2007–2017 collected from various sources including State Bank of Vietnam, International Monetary Fund, SNL Financial database (provided by SNL Company), Vietnam General Statistic Office and banks’ annual reports. Different econometric techniques are employed to analyse the data. Obtained results indicate that a contractionary monetary policy could lead to a ...

Fitch Ratings revises Vietnam's outlook to positive By Thuy Tien   April 3, 2021 | 03:00 pm GMT+7 The Fitch Ratings building in London, the U.K. Photo by Shutterstock/Willy Barton. Fitch Ratings has upgraded Vietnam’s outlook to positive from stable and retained its credit rating at BB. The upgrading of the outlook indicates the country’s ability to recover from the pandemic sine Vietnam was one of the few countries in the Asia-Pacific region to achieve positive economic growth last year. Explaining its revision to positive, Fitch said Vietnam has been successful in bringing the co...

Monday, March 01, 2021, 09:00 GMT+7 Two students hug as they are reunited after a month-long break at Le Van Tam Middle School in Binh Thanh District, Ho Chi Minh City, March 1, 2021. Read what is in the news today: Society -- Sixteen new COVID-19 cases were confirmed in Vietnam on Sunday evening, including 12 locally-transmitted infections in Hai Duong Province and four imported ones in Tay Ninh and Hau Giang Provinces, bringing the total patient count to 2,448. A total of 32 COVID-19 patients were announced on Sunday to have fully recovered, raising the recoveries to 1,876. -- Border guard...

Thursday, 15:01, 11/02/2021 The growing demand for imported products in Vietnam and other markets will fuel runaway growth for cross-border e-commerce. However, the speed of expansion could also impose a burden on the government as it looks to efficiently supervise the fresh business model. Greenjoy, a local startup specialised in grass-based straws has been using Amazon’s and Alibaba’s sites as effective tools to approach overseas markets for more than a year now. Straws from Greenjoy are present in Japan, the Republic of Korea, Taiwan, Cambodia, and Europe. The go-global strategy...