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.
PM Phuc chairs teleconference for 2020 tasks Politics

PM Phuc chairs teleconference for 2020 tasks

Prime Minister Nguyen Xuan Phuc chairs a two-day government-to-locality teleconference, which opened in Hanoi on December 30, to review Vietnam’s socio-economic development in 2019 and map out plans for 2020.
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.