Party chief commends role of banking sector in growth Business

Party chief commends role of banking sector in growth

Party General Secretary Nguyen Phu Trong lauded efforts and achievements made by the banking sector during the national cause of economic development as he delivered a speech at a ceremony marking the sector’s 70th founding anniversary (May 6).
Vietnam continues to move forward in 2021 Business

Vietnam continues to move forward in 2021

Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management, talks to the Vietnam News Agency about Vietnam’s potential for economic development in 2021.
Co-working space expects huge rise in demand Videos

Co-working space expects huge rise in demand

Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and is expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts.
Resilience helps Vietnam overcome year of COVID-19 Business

Resilience helps Vietnam overcome year of COVID-19

Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
Vietnam’s forex reserve sets new record Business

Vietnam’s forex reserve sets new record

Vietnam’s foreign exchange reserve has hit a new record high of 92 billion USD, a significant expansion from 84 billion USD which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
GDP forecast to grow 3.8 percent this year Business

GDP forecast to grow 3.8 percent this year

Vietnam’s economic growth in 2020 will reach 3.8 percent if there is no second wave of COVID-19 in the second half of the year and economic activities are being gradually resumed. The forecast was released by the Vietnam Institute for Economic and Policy Research in Hanoi on July 21 at the launch of its independent assessment of Vietnam’s macroeconomic performance.
Vietnam’s GDP forecast to grow 3.8 percent this year Business

Vietnam’s GDP forecast to grow 3.8 percent this year

Vietnam’s economic growth rate this year would reach 3.8 percent if there is no second COVID-19 outbreak in the second half of the year and economic activities gradually resume, the Vietnam Institute for Economic and Policy Research (VERP) has predicted.
State to continue support for fuel price fund Business

State to continue support for fuel price fund

The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoang Anh Tuan, Deputy Director of the Domestic Market Department under the Ministry of Industry and Trade, in a recent meeting with industry leaders.