Financial sector contributes greatly to Vietnam’s 2023 successes: minister
Vietnam's financial sector made important gains in 2023, contributing to the country's "silver lining" with GDP growth of 5.05% amidst the global complex economic picture, said Minister of Finance Ho Duc Phoc.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam has large fiscal stimulus space to boost growth: broker
Vietnam has plenty of fiscal stimulus room to further beef up its economic growth, which is expected at 6.3% this year, up from 5.05% in 2023, VNDirect Securities says in a recent report.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Policy tools should be applied flexibly to support struggling enterprises: Fulbright expert
Vietnam needs to flexibly apply policy tools that have a legal basis to remove difficulties for struggling businesses in all economic sectors, Do Thien Anh Tuan, lecturer from the Fulbright School of Public Policy and Management, tells The Investor.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Monetary policy in tandem with fiscal tools would assist Vietnam economy: expert
Harmonizing monetary policy with fiscal policy in 2023 would help Vietnam’s government curb inflation and cope with forex risk pressures to ensure macroeconomic stability, says National Financial and Monetary Policy Advisory Council member Le Xuan Nghia.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank eyes 14-15% credit growth in 2023
Credit growth this year is set at 14-15%, subject to adjustments according to actual developments, the State Bank of Vietnam (SBV) said in a directive on goals for the banking sector in 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Government places priority on healthy capital market
The Vietnamese government will focus on ensuring the bond, stock and real estate markets develop safely and healthily this year, protecting the legitimate interests of people and businesses.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should allow further exchange rate flexibility: WB
Vietnam should “consider allowing further flexibility in the exchange rate, including through a quicker pace of depreciation of the reference rate,” as the U.S. Federal Reserve (Fed) is expected to continue raising interest rates, the World Bank said.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Be ready to further monetary tightening: WB to Vietnam
Vietnam should be "ready to consider further tightening of monetary policy" to ensure inflation remains anchored amidst its strong economic recovery and global uncertainties, says the World Bank.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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