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.