AGP Executive Report
Last update: 3 hours agoDenmark Visit: President To Lam’s state visit lifted Vietnam–Denmark ties to a comprehensive strategic partnership, with new cooperation agreements and a business forum focused on expanding trade. Banking: The State Bank ordered lenders to cut deposit rates by at least 0.5 percentage points and reduce borrowing costs, aiming to support businesses and growth; bank shares fell after the directive. VietJet Dispute: A UK court froze the airline’s overseas assets in a $250 million debt case, raising concerns about its international plans. Trade: Vietnam signed a free-trade agreement with Iceland, Liechtenstein, Norway and Switzerland, with implementation targeted for 2027 and hopes for more investment and market access. Growth Goals: Vietnam is again targeting at least 10% growth in 2027, even as analysts warn that funding constraints and a weak economic foundation could make the goal difficult.
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