Top 10 issues that defined the global economy in 2020 World

Top 10 issues that defined the global economy in 2020

The COVID-19 pandemic has had a heavy impact on every aspect of life in 2020, and the global economy had been especially hard hit. The Vietnam News Agency has selected the ten most significant global economic issues during the year.
Indonesia reduces rates again due to low growth World

Indonesia reduces rates again due to low growth

Indonesia’s central bank (BI) slashed interest rates on September 19 for the third month in a row as Southeast Asia's biggest economy is affected by the US-China trade war and slow global growth.
G-bond yield hits seven-month low Business

G-bond yield hits seven-month low

The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
ASEAN should be well-prepared for economic "headwinds" World

ASEAN should be well-prepared for economic "headwinds"

Member states of the Association of Southeast Asian Nations (ASEAN) should prioritise progress on regional initiatives to cope with major economic headwinds in the context of increasing US-China trade tensions, according to eastasiaforum.org.
This year’s CPI expands 3.54 percent from 2017: GSO Business

This year’s CPI expands 3.54 percent from 2017: GSO

2018 is considered a successful year in controlling inflation as the average consumer price index (CPI) rises by 3.54 percent from 2017 and 2.98 percent from last December, meeting the CPI growth target of under 4 percent.
No sudden impacts on Vietnam from FED rate hike Business

No sudden impacts on Vietnam from FED rate hike

The Vietnamese monetary market will not suffer from any significant impact from the US Federal Reserve (FED)’s fourth interest rate hike in 2018 as the move was already expected, experts have said.
Central bank looks to up foreign reserves Business

Central bank looks to up foreign reserves

The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.