Due to the stronger USD as a result of the FED rate hike, the USD/VND rate will remain under upward pressure in the remaining months of 2022.
The dollar index, which compares the dollar to its counterparts, experienced its highest increase since March 2020.
How will the intervention of the Bank of Japan be conducted? What impact will it have? And will other central banks join in? These and other questions will be asked...
The FED may continue to raise rates in the current and some following months due to inflationary pressure before cutting back by the end of 2023.
FED Chair Powell says that the US will experience “pain” in reducing inflation to target.
The European Central Bank (ECB) announced a 75 basis point rate hike, taking its benchmark rate to 0.75%. However, such rate hike won’t save the euro.
Six commodities registered an export value of over 10 bln USD in the first eight months of 2022, accounting for 63.4 percent of the country's total exports.
Despite numerous difficulties coming from the domestic and international situation, the agricultural sector has managed to achieve important targets, and it still...
Vietnam’s export revenue in 2022 is expected to reach about 368 billion USD, a year-on-year rise of 9.46%, according to a report by the Ministry of Industry and Trade...
The last time the world was gripped by an energy price crisis and the Fed was hiking rates aggressively was in the early 1980s. Back then, the dollar surged by 50% in...
Many analysts predicted that the US dollar and VND's upward trend would slow in the second half of 2022.
Broadly speaking, there are two main forces driving currencies right now.
As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs...
We’re hearing the argument more and more now that the recent easing of US financial conditions will make the Fed go harder with its rate hikes.
Although the USD is expected to continue strong, the increase in USD/VND rate is expected to slow down in the second half of 2022.
Vietnam’s agro-forestry-fishery exports were estimated to hit 32.3 billion USD in the first seven months of 2022, up 12.2% against the same period last year. Four...
As of July 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 15.54 billion USD...
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market...
If financial asset prices such as bonds, stocks, credit and more all rally aggressively, financial conditions could ease back and actually force the Fed to go even...
In the first seven months of this year, five commodities posting export turnover of more than 10 billion USD, making up 58.5% of Vietnam’s export turnover.
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market...
Rising global inflation is still among the top world news stories these days. US inflation has now hit an all-time new record of 9.1 percent. This is undoubtedly causing...
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