Vietnam striving for higher sovereign credit ratings by 2030 Business

Vietnam striving for higher sovereign credit ratings by 2030

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.
Budget overspending looks likely Business

Budget overspending looks likely

The Ministry of Finance forecast a budget overspending at 5-5.1 percent of gross domestic product (GDP) this year, about 1.5-1.6 percentage points higher than the Government’s plan due to the impacts of the COVID-19 pandemic.
Legislators: stable growth requires a roadmap Politics

Legislators: stable growth requires a roadmap

The Government should set out a roadmap in order to ensure economic growth is stable, legislators said on the sidelines of the ongoing fourth sitting of the 14th National Assembly in Hanoi on October 31.