Positive changes to Việt Nam’s macroeconomy have been recognised by international rating organisations, with the latest sovereign upgrade announced by Fitch Ratings last month.

Việt Nam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable.

Japan and Việt Nam should deepen bilateral cooperation, not only in investment and trade but also work to improve relationships in the future, Director of the Central Institute for Economic Management (CIEM) Nguyễn Đình Cung told a forum yesterday.

Việt Nam’s expansion has charged ahead despite the recent financial and trade turmoil, which has affected many emerging Southeast Asian markets, Moody’s Investors Service has said.

Việt Nam should undertake more ambitious reforms to tackle remaining distortions and capacity constraints, increase investment and reduce the external surplus amidst strong economic growth, the International Monetary Fund (IMF) recommended in its 2018 Article IV consultation with Việt Nam released recently.

Saigon Securities Inc Asset Management Company (SSIAM) is launching an initial public offering (IPO) for its SSI Bond Fund (SSIBF) from July 4 to 31.

The State Bank of Việt Nam (SBV) has reaffirmed its determination to pursue a proactive and flexible monetary policy in 2017.

The Vietnamese government is determined to successfully carry out reforms to stabilise the macroeconomy and fuel economic growth, Prime Minister Nguyễn Xuân Phúc assured the Country Director of the Asian Development Bank (ADB) in Việt Nam, Eric Sidgwick, during a reception in Hà Nội yesterday.

Việt Nam’s economic growth is expected to edge up further to 6.8-6.9 per cent in 2016 and 2017, thanks to the continued strong performance of domestic private demand, according to an economic and social survey for Asia and Pacific 2016.

A surge of US$5.9 billion in overseas foreign currency deposits by local commercial banks in the third quarter of last year was normal, said director of the State Bank of Việt Nam’s Forecast and Statistics Department, Tô Huy Vũ.