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April 24, 2024 news
The State Bank of Vietnam lent out US$1.4 billion Tuesday
the-shiv April 24, 2024 4:54 pm
Reported in Vietnam Biz, this is a huge sum of money relatively speaking. With the State Bank also continuing to issue treasury bills to suck money out of the economy and reduce pressure on the exchange rate, t looks very much like there is an interbank lending problem–the specifics of
World Bank forecasts 5.5 percent growth for Vietnam: Report
the-shiv April 24, 2024 4:50 pm
The World Bank’s April Taking Stock Report is forecasting GDP growth for Vietnam of 5.5 percent. Whereas the publication mostly rehashes the standard reasons why it expects GDP growth to improve–more demand overseas and stronger FDI it also offers a chapter on entrepreneurship and startups.
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