Official points out risks to CPI during year’s end Business

Official points out risks to CPI during year’s end

Though inflation was under control in the past eight months, the economy still poses risk to the consumer price index (CPI) in the remaining months of this year and next year, said Director General of the General Statistics Office of Vietnam (GSO) Nguyen Thi Huong.
Agro-forestry-fishery export turnover increases over 13% Business

InfographicAgro-forestry-fishery export turnover increases over 13%

Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development.
Agribank has ratings upgraded by Moody’s Business

Agribank has ratings upgraded by Moody’s

Credit rating agency Moody’s has upgraded the long-term local and foreign currency deposit and issuer ratings of the Vietnam Bank for Agriculture and Rural Development (Agribank) to Ba2 from Ba3, and changed the outlook to stable.
Timber exporters struggle to find new markets Business

Timber exporters struggle to find new markets

Contrary to full orders at the beginning of the year, Vietnamese wood and wooden furniture enterprises are currently facing many difficulties due to the cancellation of orders by customers because of inflation in countries such as the US and the EU and the sharp increase in input material costs.