The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.

The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.

Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.

Vietnam`s state budget revenues were estimated at 280.9 trillion Vietnamese dong (12.48 billion U.S. dollars) in the first quarter (Q1) of 2017, up 15.2 percent compared to the same period in 2016, accounting for 23.2 percent of the annual estimate, according to the Ministry of Finance (MoF) on Tuesday.

From the beginning of 2017 up to now, although influenced by the change of many major economies in the world, Vietnam stock market not only did not shake but sublimated, VN Index continuously set up many new vertices.

In the first month of 2017, the total portfolio value of foreign investors reached 18.4 billion USD, the highest-ever level, according to the report of the State Securities Commission.

Vietnamese Prime Minister Nguyen Xuan Phuc on Tuesday expressed his hope that there will be Asian Infrastructure Investment Bank (AIIB)-sponsored projects in Vietnam in 2017.

Vietnam`s National Financial Supervisory Commission (NFSC) has reported that credit in the first month of 2017 saw a growth rate of 1.6 percent, the highest month-on-month increase over the past five years.

Global Finance - the world`s leading magazine on financial sector has recently released annual ranking of the best banks on cash management and global capital business.

Vietnam`s state budget revenue hit 97.4 trillion Vietnamese dong (4.37 billion U.S. dollars) in January 2017, up 3.9 percent year-on-year, according to Vietnam`s Ministry of Finance on Wednesday.

Meeting with staff of the State Audit Office of Vietnam in Hanoi on February 2, Prime Minister Nguyen Xuan Phuc said the Government hopes the agency will become an effective tool of the Party and State in financial and public asset management.

Cash as a mode of payment has declined in Vietnam by 2 percent in the past six years, from 14.02 percent in 2010 to the current 12 percent, according to the State Bank of Vietnam (SBV).

Vietnam aimded to reduce cash transactions to less than 10 percent of the country`s total market transactions by 2020.

The stock market has become an important channel to mobilize capital for the economy, Minister of Finance Dinh Tien Dung noted when attending the first trading session of 2017 on the Hanoi Stock Exchange.

Prime Minister Nguyen Xuan Phuc has asked the State Bank of Vietnam (SBV) to take the pioneer role in carrying out the goal by keeping inflation at under 4 percent and contributing to accomplishing the GDP growth target of 6.7 percent.

Vietnam has set a credit growth target of 18 percent for 2017, according to the State Bank of Vietnam (SBV) Deputy Governor Nguyen Thi Hong.

As of December 29 last year, credit growth was estimated at 18.71 percent. Total payment instruments and capital mobisation rose by 17.88 percent and 18.38 percent respectively, significantly contributing to curbing inflation at 4.74 percent.

The State Bank of Vietnam (SBV), the country`s central bank, announced that five poorly-performing commercial banks will be handled definitively in 2017.

Vietnam will achieve its 2017 goal of 6.7 per cent growth in gross domestic product (GDP), higher than 6.21 per cent in 2016, due to the efficiency of its reforms.

Vietnam is expected to adopt International Financial Reporting Standards (IFRS) instead of the current Vietnamese accounting standards (VAS) by 2025 in its efforts to enhance comparability and improve transparency.

On December 9, at the meeting in Hanoi with Politburo member Nguyen Van Binh, head of the Party Central Committee’s Economic Commission, Chief Economist of the International Monetary Fund (IMF) Maurice Obstfeld affirmed that his organization will always stand side by side with the Vietnamese Government in the development process.

E-banking service is promising in Vietnam, experts said at the Vietnam Retail Banking Forum 2016 held in Hanoi.

According to rankings of the top 1,000 enterprises of tax contribution (V1000) this year, released on October 13, the State-owned enterprises have still remained the main source for the State budget, as they contributed 60% of tax payments of the list, rising 45% from last year.