PM asks for parliament's approval on lower GDP growth amid virus challenges

Việt Nam Government sets its sight maximum GDP growth of 5.2 per cent in best case scenarios this year, as the coronavirus pandemic continues to ravage the world’s economy. 

Prompt actions for economic revival as soon as COVID-19 pandemic under control: PM

Prime Minister Nguyễn Xuân Phúc asked for prompt actions right now for an economic revival while Việt Nam is making great efforts in fighting COVID-19.

PM orders faster disbursement of public funds

Prime Minister Nguyễn Xuân Phúc on Friday asked the Finance Ministry (MoF) to work closely with the Ministry of Planning and Investment to step up public investment disbursement. 

Central bank brings cheer to businesses ahead of festive season with rate cuts The central bank’s decision to lower the interest rates by 0.2-0.5 percentage points on November 19 is a happy augury for businesses.

Private investment expansion is good, but not enough to sustain economic growth

Expansion of private sector investment should go hand in hand with public investment spending to sustain high economic growth in the next decade.

Foreign debts under Government’s control: Deputy PM The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vương Đình Huệ said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hà Nội last Friday.

Việt Nam, UK share experience in financial industry

The UK is the second biggest European investor in Việt Nam, after the Netherlands, with 267 foreign direct investment projects worth $3.75 billion.

Việt Nam treasures relations with ADB: Deputy PM Deputy Prime Minister and Foreign Minister Phạm Bình Minh said Việt Nam appreciates its relationship with the Asian Development Bank (ADB) – one of the country’s leading providers of capital, technical assistance and consultation.

Government needs to reinforce macro-economic stability The Government should enhance macro-economy stability to strengthen the national economy before risks appear, said members of the National Financial and Monetary Policy Advisory Council at a meeting yesterday.

Fitch sees positive outlook for Việt Nam

Việt Nam’s long-term issuer default rating (IDR) has been upgraded to positive from stable, thanks to its improving track record of economic management, evidenced by high growth with stable inflation.