Uncertainty must be taken into account in promoting growth

Uncertainty must be taken into account in promoting growth

The global economy has seen some positive signs despite numerous risks and challenges that include inflation, financial and monetary instability, high public debt in developing countries, impacts from the Russia-Ukraine conflict, and instability in energy and food markets, among other areas.
Exchange rate pressure to soothe by end of 2023: expert

Exchange rate pressure to soothe by end of 2023: expert

Pressure on exchange rates looks to ease up in the final months of the year.
Variables still at play in global monetary policy

Variables still at play in global monetary policy

Le Xuan Nghia, director of the BDI and member of the National Financial and Monetary Policy Advisory Council, scrutinises the development prospects for 2023.
Thailand’s inflation lowest in ASEAN

Thailand’s inflation lowest in ASEAN

Thailand’s inflation rate is the lowest among the seven ASEAN countries which have already announced their rates, with inflation for the whole year expected to range between 1per cent and 2per cent, according to Poonpong Naiyanapakorn, director of the Commerce Ministry’s Trade Policy and Strategy Office.
ECB opens door to pause in rate hiking campaign

ECB opens door to pause in rate hiking campaign

The European Central Bank lifted a key interest rate to its highest level since early 2001 on Thursday as it fights stubborn inflation but opened the door to pausing its aggressive rate hiking campaign.
Stability for rest of 2023 bodes well for inflation rate

Stability for rest of 2023 bodes well for inflation rate

A low consumer price index in the first six months of the year is expected to contribute to controlled inflation amid a continued downtrend in oil prices and slow-paced consumption.
Singapore's core inflation reduces in May

Singapore's core inflation reduces in May

Singapore’s consumer prices declined in May due to a fall in food and retail inflation, according to reports released by the country’s Monetary Authority (MAS) and the Ministry of Trade and Industry (MTI) on June 23.
Public investment deemed key driver for economic growth and inflation control

Public investment deemed key driver for economic growth and inflation control

Rebounds in retail and consumption services and in the disbursement of public investment are expected to put pressure on the country’s efforts to bring inflation under control this year.
An expert's view on interest rate movements

An expert's view on interest rate movements

A senior economist shared his views on the potential impact of interest rate movements on the banking system and the economy in the coming months.
Firms ponder impact of new electricity hike

Firms ponder impact of new electricity hike

Vietnam last week raised its average retail electricity price by 3 per cent, in a move that could put upward pressure on inflation.
Inflationary caution still to be heeded for rest of year

Inflationary caution still to be heeded for rest of year

A rebound in retail and consumption services and a rise in prices of input materials are expected to cause pressure on the country’s efforts to rein in inflation in the coming months.
Myriad of risks put pressure on inflation intentions

Myriad of risks put pressure on inflation intentions

A continued surge in fuel prices globally, an increase in electricity, and a rebound in consumption are expected to put pressure on Vietnam’s efforts to control inflation this year.
ADB sets moderate 2023 growth outlook for Vietnam

ADB sets moderate 2023 growth outlook for Vietnam

Vietnam’s economy is expected to grow by 6.5 per cent this year and expand to 6.8 per cent in 2024, according to the Asian Development Bank (ADB).
Focused spending can set a solid base for positive outcome

Focused spending can set a solid base for positive outcome

The GDP objective in 2023 is 6.5 per cent, and inflation below 4.5 per cent, given that the global economy will continue to fluctuate with the threat of a national recession.
Careful action required to curb inflation threat

Careful action required to curb inflation threat

Monetary experts are still mulling over whether Vietnam should soften or tighten policies to best suit current development circumstances.
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