NA approves state budget balance in 2018 Business

NA approves state budget balance in 2018

The National Assembly (NA) has issued a Resolution on the allocation of non-refundable aid capital, adjustments to state budget expenditure estimate and approval of state budget balance in 2018.
Fiscal, monetary policies to be more proactive, flexible Business

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies should be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, according to the National Advisory Council on Financial and Monetary Policies.
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.
Economic milestones of Vietnam in 2019 Business

Economic milestones of Vietnam in 2019

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
Economic milestones of Vietnam in 2019 Business

Economic milestones of Vietnam in 2019

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
Growth of many sectors slows down in Q1: VEPR Business

Growth of many sectors slows down in Q1: VEPR

The future of the Vietnamese economy in 2019may become more unstable due to impacts from shocks in the international market, according to the Vietnam Institute for Economic and Policy Research (VEPR).
State budget collection estimated to hit 60.2 billion USD Business

State budget collection estimated to hit 60.2 billion USD

State budget collection was estimated to reach almost 1.4 quadrillion VND ND (60.2 billion USD) this year, 6 percent higher than the estimate, Minister of Finance Dinh Tien Dung told a teleconference between the government and localities cities in Hanoi on December 28.