Việt Nam recommended to set higher target for offshore wind power development

Energy experts and companies have suggested Việt Nam increase its target for wind power generation, particularly offshore wind power, in the next 10 years to enable foreign investors to engage in major power projects.

Agency banking model develops in rural, remote locations The State Bank of Việt Nam (SBV) is amending regulations related to the operation of agency banking to improve access to the banking system.

Government plans to borrow VNĐ1.7 quadrillion in 2021-23

The Vietnamese Government plans to borrow more than VNĐ1.7 quadrillion (US$73.2 billion) in the 2021-23 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.

HCM City foreign remittances rise by 13% Despite the Covid-19 outbreak roiling the global economy, overseas remittances to HCM City were worth US$2.6 billion in the first five month of this year.

Việt Nam's national COVID-19 vaccine fund launched

A ceremony was held on Saturday evening to mark the debut of a national COVID-19 vaccine fund.

IFC supports wind projects to promote renewable energy in Việt Nam

The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation.

VN the only country to have its outlook improved by three credit rating agencies The S&P Global Ratings announced late last week that it had retained Việt Nam’s sovereign credit rating and improved its economic outlook to 'positive' from 'stable'.

Wind power survey project contracts signed The La Gàn Wind Power Development Corporation has signed two contracts to carry out surveys for possible wind power projects in Việt Nam worth several million US dollars.

Vietnamese abroad send more than $17 billion home in remittances in 2020 This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.

CPI reflects real performance of commodity prices The General Statistics Office announced that the consumer price index (CPI) in April 2021 decreased by 0.04 per cent compared to the previous month, while many types of goods increased in price from the beginning of the year.  Nguyễn Trung Tiến, deputy director of the General Statistics Office (GSO), spoke to local media about this issue