Vietnam attends virtual 8th ASOSAI Symposium Society

Vietnam attends virtual 8th ASOSAI Symposium

A Vietnamese delegation led by Deputy Auditor General Ha Thi My Dung attended the 8th ASOSAI Symposium, themed "The ASOSAI and the Next Normal: Resilience amidst Challenges, on September 8 via videoconference.
COVID-19: SBV issues new document on rescheduling of debt payments Business

COVID-19: SBV issues new document on rescheduling of debt payments

The State Bank of Vietnam (SBV) on September 7 issued a circular amending and supplementing a number of articles of Circular No. 01/2020/TT-NHNN issued by the SBV Governor directing foreign credit institutions and bank branches to reschedule debt payments, waive and reduce borrowing interest and fees, and maintain the groups in order to support customers affected by the COVID-19 pandemic.
Firms await new bank incentive policies Business

Firms await new bank incentive policies

The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic.
WB lowers Vietnam’s growth forecast to 4.8 percent in 2021 Business

WB lowers Vietnam’s growth forecast to 4.8 percent in 2021

While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.