Vietnam’s economy remains stable
(VOVworld) - The National Financial Supervisory Commission on Monday issued a report on Monday showing that Vietnam’s economy remained stable in June and July.
Inflation was low and under control, the financial market was stable, and increase in credit was good and less dependent on the inter-bank market. According to the National Financial Supervisory Commission, Vietnam’s consumer price index (CPI) rose at the lowest rate in 10 years in July, gaining only 0.68% from the end of 2014. The foreign exchange market in Vietnam was stable in the first seven months of 2015 with the exchange rate between VND and USD between 21,805 and 21,815. Oversea remittances to Vietnam in 2015 are expected to reach 13 to 14 billion USD and the disbursement of foreign direct investment (FDI) in the first half of the year reached 6.3 billion USD, up 9.6 percent from a year ago.