Vietnamplus

The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 percent.

Cambodia launched a 10-year financial development strategy (2016 to 2025) on June 15 in a bid to maintaining macroeconomic stability and boosting economic growth.

Prime Minister Nguyen Xuan Phuc has requested ministries and sectors to make greater efforts in order to achieve a growth rate of 6.7 percent in 2017, thus contributing to the accomplishment of growth target set for 2016-2020 by the Central Party Committee and the National Assembly.

President of the Vietnam Fatherland Central Committee Nguyen Thien Nhan delivered a report gathering the opinions and recommendations of voters nationwide to the National Assembly (NA) during the legislature’s third session on May 22.

The Vietnamese economy has shown resilience in the face of global headwinds, an Australian economist wrote in a recent article.

Vietnam’s economy has proven resilient amidst slower global growth, according to the World Bank’s newly released East Asia and Pacific Economic Update.

The Ministry of Finance has announced that the rating agency Standard & Poor’s (S&P) on April 29 gave Vietnam a crediting rating of BB-/B and a stable outlook, unchanged from the ratings announced in

The Ministry of Industry and Trade will focus on building the legal framework in line with integration commitments to create an optimum environment for investment, business and production.

The World Bank is now embarking on a process to design its next strategy to support Vietnam in implementing the 2016-2020 socio-economic development programme and achieve the set objectives.

The State Bank of Vietnam (SBV) has issued strict regulations on the establishment and operation of remittance companies under commercial banks in order to better manage money transfer services.

Deputy Prime Minister Vu Van Ninh has urged the State Bank of Vietnam (SBV) to develop flexible and effective monetary policy initiatives in combination with fiscal policy.

Vietnam’s GDP growth is likely to reach 6.5 percent this year as the country’s economy has weathered the recent turbulence in the external environment fairly well.

The Asian Development Bank (ADB) forecast Vietnam’s Gross Domestic Product (GDP) to expand by 6.5 percent in 2015 and 6.6 percent in 2016.