The Ministry of Planning and Investment (MPI) has been asked to meet the goal of 6-6.5% GDP growth in 2021. The goal was set during the regular government meeting in August about the socio-economic situation in 2020 and development plan for 2021. The MPI will gather all opinions from related agencies to compile a report […]
Read MoreDespite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year. According to the SBV’s policy, it assigns an annual credit growth quota for […]
Read MoreThe Hanoitimes – Goldman Sachs expected exports to be Vietnam’s major driving force for economic recovery. In 2020, Vietnam’s GDP growth is set to slow to 2.7% and rebound to 8.1% next year, according to the US-based investment bank Goldman Sachs. Goldman Sachs’ 2.7%-GDP growth forecast for Vietnam in its first ever macro-economic report on the […]
Read MoreThe Hanoitimes – The Vietnamese government would still prioritize mobilizing ODA funds and preferential loans for major projects that support Vietnam’s sustainable development. Prime Minister Nguyen Xuan Phuc has requested ADB’s support in accelerating the disbursement progress of projects financed by the bank during the 2020 – 2021 period to boost economic growth. In the first […]
Read MoreGrab and MoMo are veterans in their core business fields, but they are the newcomers in the e-commerce market. The e-commerce field in Vietnam is expected to become busier in the time to come with the presence of Grab, a ride-hailing app, and MoMo, an e-wallet. Grab began earlier, and it is already seeing an […]
Read MoreThe Hanoitimes – As one of the countries most affected by extreme climate events, climate change has multifaceted negative impacts on activities of Vietnamese enterprises. Fifty four percent of enterprises in a survey of 10,356 participants conducted by the Vietnam Chamber of Commerce and Industry (VCCI) and the Asian Foundation in Vietnam said they had to […]
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