Vietnam Insight

Global stocks recovered slightly after a series of falling sessions. The Bank of Japan maintained its key short-term interest rate at -0.1% and that for 10-year bond yields at around 0% during its December meeting by a unanimous vote, but tweaked its yield curve control tolerance range from the current +/- 0.25 percentage points to +/- 0.5 percentage points.

Domestic stocks continue to be under selling pressure. IMF forecasts Vietnam's 2023 growth at 5.8%.

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