New visa policies will boost tourism: insiders

From August 15 people with Vietnamese e-visas can enter and exit the country any number of times for 90 days, a long-awaited and major overhaul of the country’s visa system that is expected to revive tourism and hospitality, according to industry insiders.

Firms hesitate to access loans due to weak consumption demand

The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth. Accordingly, the bank cut its refinance rates from 5.5 to 5.0 per cent and its overnight electronic interbank rate from 6.0 to 5.5 per cent.

State promotes stablisation of goods prices during Lunar New Year 2023

According to the ministry, in the 11 months of 2022, the world's economic and political situation changed rapidly and complicatedly. Prices of strategic raw materials, including petrol, rose to high levels in the first half of the year to put great pressure on the target of controlling inflation in Việt Nam.

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