The Vietnam consumer confidence index (CCI) is up 2.9 point to 143.1 points in June- a new record high, according to a research report released on June 24 by the ANZ Bank.
The Vietnam consumer confidence index (CCI) is up 2.9 point to 143.1points in June- a new record high, according to a research reportreleased on June 24 by the ANZ Bank.
According to the bank,the country’s CCI remains well above its long –term average of 137.7 andis more than 10 points above its figure for June 2014 of 131 points.
Thebank said the increase in June was driven by strengthened confidenceabout the Vietnamese economy over the next 12 months and the next fiveyears as well as about personal finances over the next 12 months.
Ofthe respondents, 61 percent ( up 5 percent) expect their families to be“better off” financially by this time next year ( the highest everrecorded for this indicator ) compared to only 5 percent ( unchanged)who expect to be “worse off” financially.
In the longer-term, 66 percent (up 5 percent) believe Vietnam will have “ good times” economically over the next five years.
Accordingto ANZ Chief Economist for South Asia, Asean and Pacific Glenn Maguire,Vietnamese consumer sentiment is clearly echoing an economic recoverythat is both broadening and strengthening.-VNA
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The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
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Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
