The Thai baht has staged a strong recovery against US dollar after suffering a brief sell-off earlier this year, but the Thai Government is increasingly worried that continual strength in the currency could hit exports.
The Philippines' outstanding external debt stood at 72.2 billion USD by the end of June 2018, down by 997 million USD or 1.4 percent from the end of March 2018, the country’s central bank has announced.
Police in Bali island of Indonesia have tightened security against infiltration of terrorists to the island, where the next annual meeting of the International Monetary Fund (IMF) and the World Bank (WB) will take place in October this year.
Indonesian President Joko Widodo’s state visit to Vietnam in September is expected to create new momentum for the bilateral strategic partnership, a diplomat said.
The latest ‘tiger’ economy in Asia is Vietnam as the country emerges as one of the world’s fastest growing economies, said the Qatar National Bank (QNB) in its weekly ‘economic commentary’ published o
The Philippine economy slowed in the second quarter to 6 percent from the 6.6 percent recorded in the first quarter, the lowest growth since the third quarter of 2015.
Financial institutions and research organisations at home and abroad have shown their optimism about Vietnam’s economic growth in the second half of 2018 and the whole year.
Indonesian President Joko Widodo on July 19 met with Singaporean Deputy Prime Minister Teo Chee Hean in Jakarta to discuss a number of issues, including investment at the Kendal Industrial Park (KIP), reported Indonesia’s news agency Antara.
Growth in the ASEAN-5 group of economies is expected to stabilise at around 5.3 percent this year as domestic demand remains healthy and exports continue to recover.
The daily reference exchange rate opened the week up 5 VND from the end of previous week to 22,653 VND/USD.
The daily reference exchange rate for VND/USD continued the rising trend on July 12, going up 5 VND to 22,652 VND/USD.
Vietnam’s economy maintained impressive growth in the second quarter this year, according to a macroeconomic report released by the Vietnam Institute for Economic and Policy Research (VEPR) in Hanoi on July 11.
Foreign exchange rates are likely to rise strongly due to concerns that the US-China trade war may be escalating, said Director of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Duc Thanh.
The International Monetary Fund (IMF) hopes it would support Vietnam to become a country with higher average income and even high income in the next decade, said Changyong Rhee, Director of the IMF’s Asia and Pacific Department.
The World Bank (WB) will continue to help Vietnam achieve its development goals, WB Chief Executive Officer Kristalina Georgieva told Vietnamese Deputy Prime Minister Vuong Dinh Hue during their meeting in Washington on June 26.
A training conference on Public Investment Management Assessment (PIMA), which was developed by the International Monetary Fund (IMF), took place in Hanoi on June 26.
Prime Minister Nguyen Xuan Phuc arrived in Hanoi on June 11, concluding his trip to Canada to attend the G7 Outreach Summit from June 8-10 and for a visit of Canada at the invitation of his Canadian counterpart Justine Trudeau.
The Vietnamese Government appreciates consultations of the World Bank (WB) and the International Monetary Fund (IMF) on the management of the macro-economic policy in Vietnam, helping the country maintain macro-economic stability and low inflation rate, Prime Minister Nguyen Xuan Phuc said.
