ECONOMIC AFFAIRSAsia News Network

Have disposable income, will buy imported goods

Nowadays, imported goods are no longer exclusive to residents in first- and second-tier cities, as disposable incomes go up.

He vowed the upcoming 2022-23 Budget will have measures to deal with the short and medium-term economic situations.

Economists expect the consumer price index to trend higher in the first few months of the year before easing later on.

The Vietnamese stock market after Tet has inched up five times in six years during the 2016-2021 period, and only declined in 2020.

The US remained the largest importer of Vietnamese leather, footwear and bag products with a turnover of over $8.76 billion.

During the seven-day national holiday, Shanghai held approximately 500 cultural and tourism activities.

The finance minister also said he was targeting a budget shortfall of 5-5.25% of the GDP in the fiscal year starting on July 1.

The Reserve Bank of India will launch its digital currency later this year, and plans to tax the income from the transfer of virtual assets.

After bananas and mangoes, longans are set to be the third Cambodian fruit to be exported directly to the Chinese market.

The Prime Minister said the Budget had kept in mind the well-being of the poor, middle-class, and youth.