Economics Update – Spotlight amidst shadow of the trade war
- A trade deal remains elusive given the re-escalation of the US-China trade war.
- Vietnam has proven to be a beneficiary of the ongoing trade tensions, with solid export growth and robust registered FDI from China.
- Risks include: 1) a potential full-blown trade war; 2) sharper-than-expected Rmb depreciation and 3) upside risks to inflation in 2020F.
Please follow this link for the full report
You Might Be Interested
Economics Note
102
Vietnam’s 2Q23 GDP rose 4.1% yoy, a slight improvement from 3.3% yoy growth in 1Q23. We forecast Vietnam’s GDP to increase 7.1% yoy in 2H23, thus lifting 2023 full-year growth rate to 5.5% you. The implementation of fiscal expansion policy…
Economics Note
197
Implemented FDI increased by 3.3% yoy to reach US$1.6bn in Apr 2023 while registered capital surged by 80.5% yoy to US$3.4bn. Vietnam’s CPI cooled down to 2.8% yoy in Apr, the lowest level in 1 year We maintain our GDP…
Economics Note
123
The Fed raised its target range for the Federal Funds rate to between 5% and 5.25% and hinted that the current tightening cycle is at an end. The State bank of Vietnam (SBV) announced to buy US$6bn in foreign exchange…
VI
EN
JA
ZH
