PM Pham Minh Chinh directs easing of credit constraints and interest rate reductions to support businesses

Amidst the enduring challenges of the Covid-19 pandemic, Vietnam's Ministry of Finance unveils proposals to alleviate economic strains through targeted VAT reductions. As businesses navigate the path to recovery, policymakers seek a delicate balance between stimulating economic growth and ensuring fiscal stability.

Revenues fall short as global headwinds buffet the economy.

The first quarter of 2024 paints a mixed picture for Vietnam's market, with profit growth tapering off amid lackluster performances from key sectors. While some industries show promise, others struggle to meet expectations, signaling potential challenges ahead.

Experts weigh in on recent market dynamics and the delayed KRX system, while cautious optimism prevails amidst lingering concerns.

The recent surge in domestic gasoline prices, propelled by global fuel market trends, has emerged as the primary catalyst behind the uptick in Vietnam's Consumer Price Index (CPI) for April 2024.