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β Together, we slightly downgrade our 2023 growth forecast from 5.2% to 5.0%, considering the extent of the trade slowdown and the broader impact than expected. We now expect the economy to recover significantly from Q4, warranting further support on monetary policy. After a total of 150 bps decline in Q2, we expect another 50 bps drop in Q3/2023. This move is likely to bring Vietnam's operating interest rate down to 4.0%, reversing the tightening efforts in 2022 and equivalent to the rate reduction during the pandemic," said HSBC expert. newspaper. Vblink 777.Club, Official US stockpiles data will be released by the Energy Information Administration on June 22, after being delayed by a day on Juneteenth holiday on June 19.
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