Share market for 2018

Visa exemption between Vietnam and rest of world E-visa scheme to be extended by two years However, according to Deputy Minister of Foreign Affairs To Anh Dung, even as 10 million Vietnamese people travel abroad each year, they still face many difficulties in applying for visa, even in countries that enjoy visa exemption when entering Vietnam. "Therefore, when developing a visa-related policy, we have to ensure the rights and interests of Vietnamese citizens," Dung said. … [Read more...] about Private sector suggests wider visa exemptions

Meigo Mark and his Vietnamese wife Nguyen Thi Sam are seen in a photo he provided Tuoi Tre News. Tet is also the time when big cities become empty and peaceful because people return to their hometowns where their family, friends, and neighbors are waiting and happy to see them, Mark concluded on what he has observed. … [Read more...] about No more Tet getaway: expats learn to celebrate with Vietnamese spouses

The impact of global inflation on Vietnam’s economy may be unsubstantial. Since 2014, Vietnam’s inflation has been stable at under 4% per year, principally assisted by controlled credit growth and stable money supply (M2), at 15%-20%. Last year, credit growth was only 13%, which helped keep monetary inflation under control. The salary growth in 2020 is not high, which thus minimizes demand-pull inflation. However, the highest risk is projected to come from cost-push inflation. Pork price has risen sharply during the past three months, which boosted year-on-year (YoY) inflation by the end of December to 5.2%. According to Bao Viet Securities Company’s report, CPI YoY will be especially high (5%-5.5%) in the first half of the year before cooling down toward the end of the year. Generally speaking, CPI YoY by the end of 2020 will be around 3.2%-3.6% while the average CPI in 2020 may be more or less 4%. … [Read more...] about Not too many macro fluctuations expected for 2020