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.

The Bank of India (BOI) opened its 61st overseas branch in Ho Chi Minh City on July 22, becoming the first Indian bank to operate in Vietnam.

Hanoi Stock Exchange Chairman Nguyen Thanh Long said the exchange reported fruitful results H​anoi Stock Exchange (HNX) has mobilised 212 trillion VND (9.46 billion USD) in Government bonds for the State budget in the first half of 2016.

President of the Asian Development Bank (ADB) Takehiko Nakao has pledged that the bank will continue to strongly support Vietnam with loans of about 1 billion USD each year, to the fields of infrastructure construction, urban public transport.

Credit would increase faster in the next few months thanks to new regulations on lending, experts have forecast.

According to the announcement of the World Bank (WB) in Vietnam, the WB approved a loan worth 150 million USD for Vietnam to improve local development policy related to economic management and competitiveness.

Prime Minister Nguyen Xuan Phuc hailed the State Bank of Vietnam (SBV) for its efforts over the last 65 years as contributing to curbing inflation, stabilising the macro-economy and maintaining stable growth for the country.

The State Treasury sold G-bonds worth nearly 7.5 trillion VND (336.3 million USD), or 73.2 percent of the bonds offered on the primary market, between April 11 and 15.

On April 21, PM Nguyen Xuan Phuc held a working session with the Ministry of Finance (MOF), following his meeting with the Ministry of Planning and Investment. At the meeting, he focused on measures to tackle state revenue loss and target the nation`s GDP growth.

According to information from the State Bank of Vietnam, The bank will release by the kind banknote with VND100 denominations in the coming time.

On March 16, at the headquarters of the State Bank of Vietnam (SBV), Nguyen Van Binh, member of the Politburo, the SBV Governor had a meeting with Ms. Christine Lagarde, Managing Director of International Monetary Fund (IMF).

Vietnam’s monetary policies resemble China’s in many respects. Two prime examples are the control of capital flows and market interest rates, including the application of ceiling deposit interest rates.

After pushing long-term rates to a two-year high of 8.38 percent, some commercial banks continue to raise short-term deposits to the 5.5 percent cap.

According to a programme to avoid wasteful expenditures in 2016 approved by the Prime Minister, one of the key measures to be taken is tightening management of public spending and cutting regular expenditures by at least 10%.

The State Bank of Vietnam (SBV) on January 29 announced its reference rate of 21,881 VND per US dollar.

State-owned enterprises have earned 10.4 trillion VND (463.1 million USD) in 143 share auctions held on the HCM Stock Exchange and the Hanoi Stock Exchange, the bourses said.

The degree of openness of the banking and financial markets increasingly high credit growth led to the need for support of the company capital, fierce race meet safety standards on capital. This is the basis for many experts have noted that, wave trading and mergers (M & A) in this area will continue under the strong impact of the policy requirements and market factors.

The Prime Minister has signed a decision assigning credit plan for investment and development of the State and Social Policy in 2016. Minister of Finance Dinh Tien Dung said in an interview on VTV that one of the key tasks that his ministry will fulfill this year is to balance the state budget.

The Ministry of Finance has developed different scenarios that consider future impacts of oil price slumps for a more flexible management of the state budget in 2016, said Minister Dinh Tien Dung on January 14.

The State Bank of Vietnam (SBV) has announced the central rate for the VND and the USD at 21,896 VND per one USD for January 4.

The Vietnamese government’s flexible monetary policy contributed greatly to Vietnam’s macro-economic stability and socio-economic development.