HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.
Moody's Investors Service, also known as Moody's, had recently upgraded the Government of Vietnam's long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the outlook to stable from positive.
While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.
Vietnam's economy is forecasted to expand by 6.8 percent in 2018 before moderating to 6.6 percent in 2019 as capacity constraints become more binding, according to World Bank.
Highly skilled workers are pursuing better opportunities outside the region
The trade ministry plans to increase oil and gas revenues by 8-10 percent this year.
The government plans to maintain GDP growth this year by excavating more crude oil.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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