Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
18:31, 2020/07/07
Vietnam PM urges more fiscal stimulus to boost economic recovery
Vietnam could widen fiscal deficit and public debt by an additional 3 – 4 percentage points of GDP without affecting the national financial security in the short- and long-terms.
10:42, 2020/07/04
HSBC supports ASEAN’s commitment to joint economic recovery plan
To build economic recovery and install supply chain resilience, HSBC advocates three reform planks: trade and investment flows; digital connectivity; and linking nation development projects to globally agreed sustainable development goals.
13:00, 2020/07/03
Vietnam credit growth hits 3.26% in Jan-Jun
Vietnam’s central bank is willing to increase the credit growth limits for banks from now until the end of the year to support economic growth.
08:19, 2020/07/03
Vietnam inflation set to stay below 4% target this year: Experts
Inflationary pressure in the remaining six months would be insignificant as the oil prices are unlikely to surge, which is a result of a possible global economic recession.
11:39, 2020/07/02
Vietnam gov't sticks to target to tame inflation at 4%
While the inflationary pressure, especially driven by hikes in prices of oil and food, devalues some currencies, Vietnam’s inflation target would remain unchanged.
00:26, 2020/07/02
Vietnam’s economic growth may rebound to 5.5-7% in H2: UOB
UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance.
19:40, 2020/07/01
Vietnam moves for greater budget transparency
There is a long road to go for government agencies to fully comply with transparency requirement in the Law on State Budget, said an expert.
15:33, 2020/06/30
Vietnam’s consumer prices up 4.19% in Jan-Jun, highest in 5 years
Core inflation in the first six months of 2020 rose by 2.81% year-on-year.
17:52, 2020/06/26
Vietnam's disbursement of ODA funds more than triples y/y in H1
The disbursed amount, however, remains significantly lower than expected.
12:09, 2020/06/25
Vietnam bond market grows nearly 10% to US$57.6 billion in Q1
This is mainly due to the government bond segment growing 10.5% quarter-on-quarter in the first quarter, to reach US$53.3 billion.
12:26, 2020/06/23
Vietnam 2020 economic growth may exceed ADB's 4.1% forecast: Country director
The fact that the country could realize ADB’s economic forecast is already a no small feat, said the ADB's country director for Vietnam.
12:01, 2020/06/23
Vietnam not far away from becoming a middle-income country: WB
With many successes in economic development, Vietnam is an example for other emerging economies, said World Bank Country Director in Vietnam Ousmane Dione.
21:18, 2020/06/22
Vietnam gov't to allow bets on international football
Locals could make a bet via a bank account, e-wallet or mobile phone bill.
19:05, 2020/06/22
National Single Window betters administrative procedure settlement in Vietnam
The implementation of the National Single Window helps save costs for enterprises for almost all procedures compared to the previous traditional approach.
10:02, 2020/06/20
Vietnam to cut 30% corporate income tax in 2020
The resolution would take effect after 45 days since the signing date and be applied for this year’s tax payment period.
13:39, 2020/06/18
Fees and charges make up growing shares in Vietnam state budget revenue
Such increases have created a burden on the citizens, while multinationals are taking advantage of Vietnam’s incentive policies to avoid taxes.
12:58, 2020/06/18
ADB trims Vietnam's 2020 GDP growth forecast to 4.1% on Covid-19
The country would remain the fastest growing economy in Southeast Asia, which is expected to bounce back to 6.8% in 2021.
10:41, 2020/06/17
Vietnam credit growth slows to 2.13% in 6-month period
Credit demand in Vietnam is expected to stay low in the foreseeable future as the Covid-19 pandemic continues to be complicated globally, said a central banker.
16:31, 2020/06/16
Foreign investors return to Vietnam stocks with Covid-19 under control: Bloomberg
Foreign investors have been net buyers so far this month -- a first since January -- amid a stable currency.
15:30, 2020/06/16
Vietnam fiscal deficit, public debt stay within limits set in 2016-2020 plan
In a worse scenario where GDP would expand 3.6% this year, Vietnam's fiscal deficit is forecast at 5.02% of GDP and public debt at 56.4%.