Epidemic only a short-term dampener, VN story remains intact: survey Though Việt Nam’s economy will suffer in the short term from the new coronavirus epidemic, the country’s drive to integrate into the global economy will continue to create plenty of new opportunities for trade and investment in the long run, experts have said.  

Gov’t keeps macroeconomic targets unchanged despite COVID-19 epidemic

Government is striving to meet dual targets to avoid the spread of COVID-19 and ensure the safety of people while achieving the macroeconomic indicators set by the Party and the National Assembly.

Chubb launches Group Critical Illness Cover in Hong Kong SAR Chubb launches Group Critical Illness Cover in Hong Kong SAR

2 State-owned banks allowed to increase charter capital The Government has decided to allow Vietcombank and Vietinbank to increase their charter capital by VNĐ10 trillion (US$434.8 million) in the first quarter of this year, but it has not said how they could do so.

Central bank makes net cash withdrawal amidst high inflation pressure

The State Bank of Việt Nam made a net cash withdrawal worth VNĐ86 trillion out of the economy through open market operations (OMO) from January 20 to February 14.

Industrial sector’s growth likely to hit almost 3% in Q1 Việt Nam’s industrial sector in the first quarter is projected to grow 2.68 per cent compared to the same period last year if the novel coronavirus outbreak is brought under control, according to the General Statistics Office (GSO).

MPI gives scenarios for economic growth amid the impact of coronavirus MPI gives scenarios for economic growth amid the impact of coronavirus

Global volatilities cause Vietnamese currency to depreciate After a long period of stability, pressure from global markets has caused the Vietnamese đồng to depreciate significantly against the US dollar in the past few days.

New orders continue to rise solidly at start of 2020 IHS Markit released the Việt Nam Manufacturing PMI report on Monday from responses to monthly questionnaires sent to purchasing managers in a panel of about 400 manufacturers.

Việt Nam’s economic transformation: lessons from 35-year reforms Việt Nam celebrates the 90th founding anniversary of the Communist Party of Việt Nam (CPV) today (February 3, 1930-2020) and the country’s spectacular economic development is an important measure of the Party’s successful leadership.