The State Bank of Vietnam issued another tranch of t-bills yesterday to the tune of VND 20,000 (US$819.7 million), VN Express is reporting. This brings the total value of bills issued this month to US$3.7 billion.

General Statistics Office Q3 data shows GDP growth to September at 4.24 percent

the-shiv September 29, 2023

The General Statistics Office has said Vietnam’s GDP reached 4.24 percent in the first nine months of the year, VN Economy is reporting. This is well below the 6.5 percent target set at the start of the year and would require a mammoth effort to hit with only three months

Standing committee agrees to submit draft resolution on global minimum tax to NA

the-shiv September 29, 2023

The National Assembly’s (NA) Standing Committee, a small group of lawmakers that make key decisions when the NA is not in session, has agreed to submit a resolution on implementing the global minimum tax (GMT) when it sits next in October this year, VN Economy is reporting. The GMT has

Calls to allow greater devaluation of the Vietnamese dong

the-shiv September 29, 2023

Dr Huan Huu Nguyen, from the Ho Chi Minh City University of Economics, has told Donah Nhan Vietnam that the VND should be allowed to fluctuate within a greater range and that Vietnam should accept a short-term devaluation. Currently, the dong operates in a trading band of 5 percent either