Vietnam Maintains Economic Momentum Amidst Exchange Rate Fluctuations
The Vietnamese Dong saw a slight increase at the week's start, remaining within its +/-5% fluctuation band. Meanwhile, diverse initiatives are advancing economic growth, including the EVFTA, new-generation FTAs, infrastructure investments, and digital technology adoption.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Vietnam Stock Market: Will HNX Stocks See Higher Valuations After Moving to HoSE?
Nearly 300 stocks are set to transfer from the Hanoi Stock Exchange (HNX) to the Ho Chi Minh Stock Exchange (HoSE). Experts indicate that the mere relocation to HoSE may offer limited upside for stock valuations, with corporate performance and financial health remaining the primary determinants of value.
- Vietnam and Panama Leaders Meet, Agree to Strengthen Economic Cooperation
Vietnamese President To Lam officially welcomed Panamanian President José Raúl Mulino in Hanoi, with both leaders agreeing to strengthen economic cooperation. Two-way trade reached $478.1 million, up 19.2% year-on-year, highlighting Panama's strategic location and Vietnam's role as a gateway to ASEAN markets.
- Vietnam Seeks Diversified Funding to Achieve Lower Interest Rates
Vietnam's economy faces challenges in lowering interest rates solely through bank lending due to increased year-end capital demand. Experts emphasize expanding funding from stock markets and international sources, alongside improving credit ratings, as key to sustained rate reduction.
- Vietnam's Dien May Xanh Nears $4 Billion Revenue Mark on Apple Product Surge
Vietnam's leading electronics retailer, Dien May Xanh, achieved its highest monthly revenue in September. Cumulative revenue from January to September neared $4 billion (VND 99.46 trillion), with Apple products, particularly iPhones, contributing 20% of the total sales.