Economy News

Economy

Vietnam May Ban Individuals with $2,000 Tax Debt from Leaving the Country

Vietnam is considering a new threshold for individuals with tax debts that could prevent them from leaving the country. The proposed amount is four times higher than an earlier sug...

Economy

South Korea's Export Outlook Dims as Sentiment Index Falls Below Baseline

South Korea's export sentiment index falls below baseline for the first time in four quarters, signaling a pessimistic outlook among exporters. Key sectors face significant challen...

Economy

Vietnam Emerges as a Rising Economic Power in Southeast Asia

Vietnam is highlighted for its rapid economic development driven by manufacturing growth and foreign investment. Despite being ranked 12th in Asia, its projected 7% growth in 2024 ...

Economy

Indonesia's $52B Stimulus Plan: A Comprehensive Strategy for 2025

Indonesia's $52 billion stimulus package for 2025 aims to mitigate the effects of a VAT increase and support various sectors, including MSMEs, essential commodities, energy, and ho...

Economy

Vietnam's Trade Surge: A 15.3% Boost in Exports and Imports

Vietnam's exports reached $384 billion, a 14.5% year-on-year increase, while imports rose by 16.3% to $361 billion. Trade surplus decreased to $23.4 billion. State revenue from imp...

Economy

Brief US Shutdown: Limited Impact on Public Finance Entities

Fitch Ratings reports that a brief US government shutdown is unlikely to harm most public finance entities, but prolonged shutdowns could impact those relying on federal support fo...

Economy

IMF Approves $1.1 Billion for Ukraine's Budget Amid Ongoing Conflict

The IMF has approved $1.1 billion for Ukraine's budget support, highlighting the country's resilient economy despite the ongoing conflict with Russia. This allocation is part of a ...

Economy

Fed's Goolsbee: Inflation to Shape Future Interest Rates

Fed's Goolsbee predicts inflation and unemployment will shape monetary policy, with a judicious loosening expected by 2025. He emphasizes maintaining labor market stability and adj...