The Consumer Price Index (CPI) in Ho Chi Minh City rose by 0.06 percent in November from the previous month, raising the total CPI rise in the 11-month period to 2.94 percent, according to the municipal Statistics Office.
The Consumer Price Index (CPI) edged down 0.01 percent month-on-month in November on the back of weakening global fuel prices and declining electricity and water prices in the country, according to the General Statistics Office (GSO).
For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank.
Vietnam is one of a few countries worldwide to successfully control the COVID-19 pandemic, creating opportunities to invest in the country and attracting overseas remittances for production expansion.
Bank Indonesia (BI) and the People’s Bank of China (PBOC) on September 30 signed a memorandum of understanding (MoU) to establish a framework promoting the use of local currencies for trade and direct investment.
Most economic and financial indicators continue to demonstrate Vietnam’s resilience, according to the Vietnam Macro Monitoring report for September of the World Bank (WB).
Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report.
Vietnam’s consumer price index (CPI) slightly went up 0.07 percent month-on-month in August due to the impacts of heavy rainfalls nationwide and rise in domestic rice and education service prices, reported the General Statistics Office on August 29.
Indonesia’s foreign exchange (forex) reserves increased to 135.1 billion USD in July, the highest level ever, following the government’s move to issue global bonds, Bank Indonesia (BI) has announced.
The Indonesian Finance Ministry announced on July 3 that the country has raised 100 billion JPY (930 million USD) from the issuance of five-tranche Samurai bonds to offset the national budget deficit and fund the response to the COVID-19 pandemic.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.
Foreign investors are edging back into emerging markets like Vietnam on hopes the recent significant recovery of the equity market will reassure those hoping to capitalise on stronger economic growth in the emerging world.
Firms with US dollar-denominated debts estimate to regain significantly in the second quarter of this year as the US dollar has devalued against the Vietnamese dong in the period after reporting a surge in the first quarter.
Thailand’s baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand's economic outlook.
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