Vietnam credit growth expands by 3.34% by mid-April
The central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year.
The central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year.
Credit has not been effectively channeled into fields that contribute directly to economic growth and ultimately social prosperity, but to risky fields such as real estate, stock market or cryptocurrencies.
When enterprises fail to realize their commitment of interest payment, investors would be on the losing side.
Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry.
Surges in online orders among other essentials have pushed businesses to look for more storage space with close proximity to their customers.
Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.
The data and method used in this process will help Vietnam ensure efficient tax collection in the real estate sector, a target that the country has aimed to realize by 2030.
Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.
The trade deal is expected to spark new opportunities for Vietnam as one of the few Asian countries to secure an exclusive FTA with the UK.
More transactions are expected to happen in the near future if market transparency improved and flexibility from investors becomes stronger.