Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.
Maintain the “line of defense” against inflation

Maintain the “line of defense” against inflation

VCN - By the end of 2022, economic indicators have been "on the right track" set by the Party, National Assembly and Government. In particular, inflation is still around 4% and is not under strong upward pressure like some other developed economies.
The picture of inflation control in 2023

The picture of inflation control in 2023

VCN - This is the National Assembly's high determination; however, the implementation of the CPI target of 2023 won't be easy.
Fall in interest rates and inflation expected to help stock market restore strongly

Fall in interest rates and inflation expected to help stock market restore strongly

VCN - VN-Index closed the year at 1,007 points. In 2023, to assess the market outlook, we should identify advantages and disadvantages.
Interest rates in 2023 still difficult to go against the world trend

Interest rates in 2023 still difficult to go against the world trend

VCN - According to the State Bank of Vietnam, since the beginning of 2022, there have been a total of 340 interest rate hikes globally. But in the first eight months of 2022, the State Bank continued to keep the operating interest rates unchanged.
Inflation to decrease this year

Inflation to decrease this year

VCN - This information was given at the workshop ‘Price, Market Development in Vietnam in 2022 and forecasts for 2023’ held on Tuesday January 4.
Tax sector has prepared scenarios to implement revenue collection

Tax sector has prepared scenarios to implement revenue collection

The progress of state revenue collection in 2022 has achieved impressive results but difficulties that come from inflation and global economic decline are creating pressure for the Tax sector
Coordination to effectively operate the "valve" of credit

Coordination to effectively operate the "valve" of credit

VCN - Vietnam's financial market is currently experiencing significant fluctuations. The World Bank has reported that the country's credit-to-GDP ratio has reached a record high of 124% of GDP, leading to potential risks for the banking system and the eco
Tuna exports have decelerated

Tuna exports have decelerated

After months of good growth despite inflation, Vietnam's tuna exports slowed down in October 2022.
Difficulties begin to affect the profits of wood businesses

Difficulties begin to affect the profits of wood businesses

Business results of wood exporting enterprises began to record a decline due to the impact of inflation in export markets causing a decrease in orders
The prospect of textile and garment export orders in 2023 is not positive

The prospect of textile and garment export orders in 2023 is not positive

The outlook for export orders in the fourth quarter of 2022 and the first six months of 2023 of Vietnam's textile and garment industry is not very positive
Wage hike needs to keep up with inflation control

Wage hike needs to keep up with inflation control

Việt Nam is set to increase the base wage from July 2023.
National Assembly member: Worried about public investment bottlenecks slowing economic recovery

National Assembly member: Worried about public investment bottlenecks slowing economic recovery

VCN - Appreciating the socio-economic results achieved in nine months as well as the whole of 2022, however, during the discussion session at the National Assembly group on October 22, the National Assembly deputies raised the following concerns, such as
Rising inflation poses challenge to businesses

Rising inflation poses challenge to businesses

Vietnamese businesses are expected to face headwinds from inflation, tightening monetary policy and a growing cost-of-living crisis in many of the country’s export markets, experts have warned.
Exporting enterprises cope with high inflation

Exporting enterprises cope with high inflation

VCN - Inflation in many countries, especially the US and Europe, increased sharply, leading to limited consumption of high-priced food items. Vietnamese seafood exporters have quickly responded to bring moderate-priced items to these markets.
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