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GDP’S GROWTH REACHES 5.92% IN Q4, MAKING TOTAL GDP’S GROWTH IN 2022 REACHES 8%: In the two largest contribution areas to the economy, industry & construction and services, services were the growth engine in the fourth quarter and returned to the stable growth of the pre-Covid period, while the industry & construction area continued to show modest growth and the slowest growth in the fourth in the 2011 – 2022 period
INFLATION CONCERN STILL STAYS: From flash data, inflation is still a hot issue when both total inflation and core inflation in December 2022 compared to the same period in 2021 are above 4.5%. The notable point is that core inflation has increased sharply and exceeded total inflation. Despite a sign of cooling down in recent months, the Core inflation compared to previous months in 2022 remained quite high as the cause of this situation.
04/04/2024
ABSTRACT Part I: Construction industry While most civil construction projects and industrial parks saw a serious decline, the majority of infrastructure...
22/03/2024
EXECUTIVE SUMMARY: —We assess that the outlook of Banking stocks in 2024 is POSITIVE. The drivers for price increase of Banking stocks include: (1) Improved...
05/07/2023
Despite the efforts of the operators to stimulate investment and domestic consumption, there are still certain obstacles. For example, interest rate supporting...