Fed | Vietdata Research

Fed raises interest rates for the seventh time: Reference exchange rate down 2 VND

At commercial banks, this morning, the price of the USD and the renminbi (CNY) simultaneously decreased.

Real estate enterprises should actively find alternative funding sources

Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow

The lowest number of new accounts opened marked the fifth consecutive month of decline

This was the lowest number of new accounts opened by domestic investors since February 2021 and marked the fifth consecutive decline

Market analysts forecast that selling pressure will still increase during the decline of the market

The VN-Index lost the 1,000-point landmark on Friday. It decreased by 2.22 percent to close at 997.15 points. The index had declined 2.94 %

Vietnam's stock market was the biggest decliner in Southeast Asia and will downtrend: expert

Việt Nam's stock market was the biggest decliner in Southeast Asia so far this year, but experts believe that the market will downtrend

SBV decided to adjust the USD/VND spot exchange rate from ±3 to ±5 percent

SBV on Monday, October 17, 2022, decided to adjust the trading band of the USD/VND spot exchange rate from ±3 to ±5 percent.

Foreign capital flows pouring into Việt Nam are heavily influenced by global factors

The capital flow into the Vietnamese stock market in September continued to be significantly influenced by the global trend.

Vietnam’s 2022 GDP, Standard Chartered Bank growth forecast to 7.5%

Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0%.

Fed's aggressive tightening - it also announced 75-basis-point rate hikes

The Fed's two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.