Current Domestic Economic Conditions The domestic economy continues to show some positive results. Industrial production is expanding, and manufacturing activity remains in an expansionary phase. However, these improvements seem largely seasonal. They heavily rely on domestic demand, while external conditions are deteriorating rapidly. Export weakness is now synchronized across key markets. Shipments to the United States have declined for the fourth consecutive month due to t

The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng said on Sunday

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

GDP expanded 13.67 percent in the third quarter of 2022. CPI in the third quarter of 2022 posted a year-on-year rise of 3.32 percent.