Singapore’s exports growth picked up the annual pace in October and handily beat forecasts, thanks to a continued surge in pharmaceutical shipments though the key electronics sector contracted again.
Indonesia’s central bank on November 15 decided to raise its benchmark interest rate for the sixth time this year to lower the country’s yawning current-account deficit.
Deputy Prime Minister Vuong Dinh Hue has asked that electricity prices, which affect many sectors, be adjusted at appropriate points of time next year so as to keep inflation in 2019 at under 4 percent.
More commercial banks expect their credit growth limits to be expanded this year after Techcombank became the first to get the nod to do so from the State Bank of Vietnam (SBV) recently.
Myanmar earned nearly 436 million USD from exporting rice and broken rice from April 1 to October 26 this year, according to the Myanmar Rice Federation (MRF).
The Philippine economic growth slowed to 6.1 percent in the third quarter of 2018 – the slowest pace in three years.
The 12th National Assembly approved the State budget projection for 2019, with an approval rate of 86.19, during its ongoing sixth session in Hanoi on November 9.
The National Assembly passed a resolution on the socio-economic plan for 2019 with 447 out of 450 votes in the morning of November 8.
The retail prices of petrol fell sharply from 3pm on November 6 following the latest adjustments by the Ministry of Finance and the Ministry of Industry and Trade.
Indonesia’s economy has slowed down slightly in the third quarter of 2018, lower than the previous quarter’s growth due to capital outflows, weaker exports, and household spending.
“We will fail without innovation,” Prime Minister Nguyen Xuan Phuc said in concluding the regular Government meeting on November 3.
Vietnam’s manufacturing Purchasing Managers’ Index (PMI) climbed from a 10-month low of 51.5 in September to 53.9 in October, pointing to the strongest improvement in the health of the country’s manufacturing industry since July, IHS Market’s Nikkei reports released on November 1 showed.
Prime Minister Nguyen Xuan Phuc made clear several issues under the watch of the Government during a question-and-answer session at the ongoing sixth plenum of the 14th National Assembly on November 1.
The question-and-answer session at the 14th National Assembly’s sixth plenum concluded on November 1 with 135 questions raised for 19 cabinet members.
Voters have applauded the outcomes of the government’s implementation of the five-year financial plan and shown confidence in the sense of responsibility of legislators in discussions.
Governor of the State Bank of Vietnam (SBV) Le Minh Hung shed some light on issues regarding collaboration among ministries and agencies in monitoring monetary, fiscal, and macro policies during the ongoing sixth session of the 14th National Assembly in Hanoi on October 29.
Ten of the 11 goods categories have seen price increases in October, raising the consumer price index (CPI) by 0.33 percent from the previous month, according to the General Statistics Office (GSO).
Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh hosted Professor Kenichi Ohno from Japan’s National Graduate Institute for Policy Studies (GRIPS), and Japanese Ambassador to Vietnam Kunio Umeda on October 26.
