Bloomberg optimistic about Vietnam’s economy

Bloomberg claims low energy prices are benefiting consumers and businesses in Vietnam, giving the State Bank more room to loosen monetary policies and regulations. In addition, low inflation also indicates a positive picture for the country’s economy.

According to the General Statistics Office, Vietnam’s inflation rate reached 2.19% on-year, including September’s record-low 0% inflation. Since the beginning of this year, the number of new businesses has increased 29%. Demand for Vietnamese goods abroad has also increased, with investors showing increasing interest in Vietnam.