Vietnam Insight

Global stocks extend gains. US stock indices ended in the green on Thursday, the Dow Jones added more than 200 points, while the S&P 500 and the Nasdaq advanced 0.3% and 0.6% respectively. December US CPI data shows inflation continuing to cool, reinforcing bets that the Federal Reserve could further slow its aggressive tightening campaign.

Domestic stocks fluctuated, liquidity decreased. Wood industry enterprises in Binh Dinh now have to lay off workers on a rotation to reduce the pressure of underemployment due to not receiving new orders. In 2022, the growth of Vietnam's plastics industry will reach 1.9%, which is the lowest year after more than a decade of continuous growth of over 15%.

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