HANOI : Vietnamese lawmakers on Tuesday urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target for the year. Vietnam's growth slowed from 5.92 per cent in late 2022 to 3.32 per cent in the first quarter of 2023, promptin
HANOI : Vietnamese lawmakers on Tuesday urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target for the year.
"It is necessary to keep considering lowering policy rates to support growth when both inflation and exchange rate pressures are no longer as stressful as end-2022," the statement quoted Thanh as saying.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese automaker BYD to make EVs in VietnamHANOI: Chinese automaker BYD plans to expand into electric vehicle manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company's chair. Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts
Read more »
Vietnam posts record high temperature: officialsThe record temperature of 44.1 deg C measured Saturday afternoon at a north-central weather station broke a previous high set in 2019. Read more at straitstimes.com.
Read more »
Philippines eye World Cup boost with prized Vietnam scalp at SEA GamesPHNOM PENH: The fast-improving Philippines are building up to their maiden FIFA Women's World Cup, but first, Southeast Asian glory is at stake and a must-win clash against Vietnam awaits on Tuesday (May 9).
Read more »
Vietnam to require social media users to verify identityHANOI : Vietnam is preparing to make it mandatory for social media users of both local and foreign platforms to verify their identity in a bid to rein in online scams, state media reported on Monday (May 8). The measure, part of the Telecommunications Law Amendment to be issued by the end of this year, wil
Read more »
Changes to disbursement of housing grants, income assessment period for HDB buyers from TuesdaySINGAPORE – From Tuesday, housing grants will no longer be disbursed only to flat applicants who are Singaporean citizens, but instead shared among applicants and occupiers in the household, regardless of whether they are Singaporeans or permanent residents (PRs). Read more at straitstimes.com.
Read more »
Jury will begin deliberations in Trump rape trial on TuesdayIf found liable, Trump could be made to pay monetary damages, among other things. Read more at straitstimes.com.
Read more »