Digital payments power Việt Nam’s economy

Digital payments are becoming one of the most dynamic drivers of Việt Nam’s economy, with the value of cashless transactions soaring to 26 times the country’s GDP and QR payments growing by more than 81 per cent in the first quarter of 2025.

VN projected for 6.6 per cent growth rate in 2025

Việt Nam is likely to lead the region with a growth rate of 6.6 per cent in 2025 – the highest among developing economies, according to the World Bank (WB) East Asia and Pacific Economic Update.

Ministry seeks feedback on draft insurance law amendments

The Law on Insurance Business 2022 has contributed to promoting market development, but over time, there have been shortcomings that need to be amended to simplify administrative procedures, remove difficulties and create conditions for business development.

Fiscal policy, capital markets need to share burden for monetary policy

Credit has risen by about 11 per cent so far this year, making it impossible to rely solely on banking capital to drive economic growth while controlling bad debt risks. The focus must shift to fiscal policy and long-term capital mobilisation to minimise negative impacts on the economy.

Association pledges to strengthen Việt Nam – Japan business connectivity

For the new tenure, Vietnam Business Association in Japan (VJBA) will strengthen business connectivity between Việt Nam and Japan, promote digital transformation and competitiveness among member enterprises, expand strategic cooperation with both countries' authorities, and step up support for the Vietnamese community in Japan.

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