Results from the half of this year show Việt Nam’s economy maintains an impressive growth momentum. However, despite the promising economic prospects this year, the economy still faced many challenges.

Việt Nam aims to have at least 2 or 3 banks in Asia's top 100 largest banks in terms of assets by 2025.

The National Wage Council yesterday finally reached a consensus to an option of raising the 2019 regional minimum wage for non-State employees at 5.3 per cent compared to the 2018’s wage.

Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

With inflation, gold prices and stock markets remaining stable and further tightening of credit interest rates on the cards, the country’s property market is unlikely to experience any major changes this year. Deputy Minister of Construction Nguyễn Văn Sinh spoke to Thời báo Kinh tế Việt Nam (VnEconomy) about the issue.

Việt Nam’s gross domestic product (GDP) is expected to grow 6.83 per cent in 2018, almost unchanged from 6.8 per cent recorded last year.

The State Bank of Việt Nam (SBV) will conduct surprise inspections of credit institutions whose loans in some potentially risky sectors are high and account for a large proportion of the institutions’ total outstanding loans.

Driving forces for Vietnam’s economic growth need to be maintained not only in 2018, but also in the years to come, Prime Minister Nguyễn Xuân Phúc said at Government’s regular meeting yesterday.

Việt Nam maintained its lead in the ASEAN Manufacturing Purchasing Managers’ Index (PMI) rankings, registering another solid improvement in its goods-producing sector in July, the latest survey from Nikkei’s IHS Markit revealed on Wednesday.

Prime Minister Nguyễn Xuân Phúc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure of rising inflation remains considerable.