The Nikkei manufacturing PMI (Purchasing Managers Index) of Viet Nam has
bounced back strongly, jumping to a nine-month high of 52.3 in April
from a previous 50.7
The lowering of the open market operations (OMO) interest rate by the
Sate Bank of Vietnam (SBV) could trigger outflows, further exacerbating
the liquidity crunch and possibly pushing term rates higher, according
to a report by HSBC Bank.
HCM CITY (VNS)— Stronger exports this year can help lift Viet Nam out of
its malaise, HSBC Vietnam says in its "At a Glance" report that was
released yesterday.
