Tuesday , November 26 2024

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Index of Industrial Production increases

IIP in February grew by 8.5 per cent year-on-year. The processing and manufacturing industry is still the main driving force. — VNAVnExpress News Photo HÀ NỘI — The index of industrial production (IIP) grew by 8.5 per cent in February over the same period last year, marking the fourth consecutive monthly …

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Foreign exchange reserves rise to record $110 bln

Foreign exchange reserves rise to record $110 bln

Vietnam’s foreign exchange reserves have climbed to a record of nearly $110 billion, but experts say it needs to be increased further to prevent possible economic “shocks”. The figure has quadrupled since 2015 and poses the need for establishing an agency to manage the reserves, the State Bank of Vietnam …

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